Vail Resorts Shares Climb After Q2 Results Impress Investors: Here's What To Know

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Vail Resorts, Inc. MTN released its second-quarter results after Monday's closing bell. Here's a look at the key figures from the quarter.  

The Details: Vail Resorts reported quarterly earnings of $6.56 per share, which beat the consensus estimate of $6.34. Quarterly revenue came in at $1.14 billion, which met the analyst consensus estimate and is an increase over revenue of $1.08 billion from the prior year’s quarter.

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The company provided the following season-to-date metrics:

  • Season-to-date total skier visits were down 2.5% compared to the prior year season-to-date period.
  • Season-to-date total lift ticket revenue, including an allocated portion of season pass revenue for each applicable period, was up 4.1% compared to the prior year season-to-date period.
  • Season-to-date ski school revenue was up 3% and dining revenue was up 3.1% compared to the prior year season-to-date period.
  • Retail/rental revenue for North American resort and ski area store locations was down 2.9% compared to the prior year season-to-date period.

“We are pleased with our overall results for the quarter, with 8% growth in Resort Reported EBITDA compared to the prior year. Our results reflect the stability provided by our season pass program, our investments in the guest experience, and the strong execution of our teams across all of our mountain resorts,” said Kirsten Lynch, CEO of Vail Resorts.

Outlook: The company now sees fiscal 2025 net income in a range of $257 million to $309 million.

MTN Price Action: According to data from Benzinga Pro, Vail Resorts shares are up 6.62% after hours at $163.75 Monday.  

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Photo: Shutterstock

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MTNVail Resorts Inc
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