Vail Resorts Reports Q4 Loss, Tops Revenue Estimates
Vail Resorts (NYSE: MTN) came out with a quarterly loss of $4.67 per share versus the Zacks Consensus Estimate of a loss of $4.28. This compares to loss of $3.35 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -9.11%. A quarter ago, it was expected that this ski resort operator would post earnings of $9.94 per share when it actually produced earnings of $9.54, delivering a surprise of -4.02%.
Over the last four quarters, the company has not been able to surpass consensus EPS estimates.
Vail Resorts, which belongs to the Zacks Leisure and Recreation Services industry, posted revenues of $265.39 million for the quarter ended July 2024, surpassing the Zacks Consensus Estimate by 1.14%. This compares to year-ago revenues of $269.77 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the …
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