Vail Resorts (MTN) Set to Report Q1 Earnings Amid Expected Revenue Decline
Vail Resorts (NYSE: MTN) will report fiscal first-quarter earnings on Monday after the market close, with analysts projecting a 6.4% year-over-year revenue decline. The luxury ski operator has missed revenue estimates multiple times over the past two years. Last quarter, revenue fell 4.7% to $1.08 billion, skier visits dropped 12.5% to 6.78 million, and full-year EBITDA guidance significantly trailed expectations. Peers Live Nation and Sphere Entertainment both topped revenue estimates, sending their shares up over 5% post-earnings. Vail Resorts’ stock has gained 7% in the past month to $134.21, but remains below the average analyst price target of $155.17. Investors will scrutinize skier demand recovery amid challenging conditions.