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It has been about a month since the last earnings report for Vail Resorts (MTN). Shares have added about 9.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Vail Resorts due for a pullback? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent drivers for Vail Resorts, Inc. before we dive into how investors and analysts have reacted as of late. Vail Resorts posted third-quarter fiscal 2026 results, with earnings per share (EPS) missing the Zacks Consensus Estimate and revenues meeting the same. On a year-over-year basis, both the top and bottom lines declined.Results were shaped by record-low snowfall and historically warm temperatures across key western markets, which led to earlier resort closures and softer demand, particularly in the Rockies and Tahoe regions. Profitability also moved lower on a segment basis as weather-related headwinds outweighed the benefits of cost discipline and ongoing efficiency initiatives. MTN’s advanced commitment model helped provide stability in a volatile season, as pre-sold products supported performance even as on-mountain volume weakened. Management also highlighted continued progress on guest experience initiatives, alongside cost actions that helped limit the downside from the demand shock. In the quarter under review, the company reported adjusted earnings of $8.81 per share, missing the Zacks Consensus Estimate of $8.97 by 1.8%. In the year-ago quarter, it had reported an EPS of $10.46.Quarterly revenues were $1.21 billion, in line with the consensus estimate and down 7% year over year. Unfavorable conditions weighed on demand, with total visitation down 15% in the quarter, pressuring both destination and local performance.Vail Resorts reports through two segments, Mountain and Lodging. The Mountain segment posted net revenues of $1.13 billion, down 6.8% year over year. The figure came in line with our model’s projection of $1.13 billion. Lift revenues declined 5.3% to $729.4 million, while ski school, dining and retail/rental revenues decreased 11.5%, 10.7% and 8.3%, respectively. Profitability moved lower as the fixed-cost nature of mountain operations met reduced demand. Mountain's reported EBITDA fell 8.8% to $579.6 million. Notably, effective ticket price rose 12% to $10...

Commercial Metals Company CMC reported adjusted earnings per share of $1.73 in third-quarter fiscal 2026 (ended May 31, 2026), beating the Zacks Consensus Estimate of $1.60 by 8.1%. The bottom line surged 147.1% from 70 cents in the year-ago quarter. Net revenues in the reported quarter were $2.48 billion compared with $2.02 billion in the year-ago quarter. The reported figure beat the Zacks Consensus Estimate of $2.37 billion. The cost of goods sold in the quarter rose 17.9% year over year to $2.03 billion. Core EBITDA surged 78.6% year over year to $353.6 million during this period. The core EBITDA margin expanded 440 basis points year over year to 14.2%, aided by metal margin expansion, contributions from the recently acquired precast businesses and an improved Europe Steel Group performance. Commercial Metals Company price-consensus-eps-surprise-chart | Commercial Metals Company Quote The North America Steel Group segment generated net revenues of $1.79 billion in the fiscal third quarter compared with $1.56 billion in the year-ago quarter. We expected net revenues of $1.67 billion in the quarter. The segment registered an adjusted EBITDA of around $253 million compared with $180 million in the year-ago quarter. Our model predicted an adjusted EBITDA of $262 million. The North America Steel Group segment benefited from higher margins over scrap costs and gains from the Transform, Advance, Grow program. However, finished steel products shipments declined 1.7% year over year due to planned downtime, heavy rainfall that curbed construction activity in select markets and greater focus on value over volume. The Europe Steel Group segment’s revenues were $291 million, up 17.6% from the year-ago quarter. Our model predicted net revenues of $280 million. The adjusted EBITDA was $34.7 million in the fiscal third quarter compared with $3.6 million in the year-ago quarter. We expected an adjusted EBITDA of $5 million for the quarter. The segment benefited from a $20.4-million CO2 credit and improved market conditions. The Construction Solutions Group segment generated net revenues of around $395 million in the fiscal third quarter compared with $197 million in the year-ago quarter. Our model predicted net revenues of $335 million. The segment registered an adjusted EBITDA of $97 million compared with $41 million in the year-ago quarter. We expected an adjusted EBIT...

Vail Resorts, Inc. MTN posted third-quarter fiscal 2026 results, with earnings per share (EPS) missing the Zacks Consensus Estimate and revenues meeting the same. On a year-over-year basis, both the top and bottom lines declined.Results were shaped by record-low snowfall and historically warm temperatures across key western markets, which led to earlier resort closures and softer demand, particularly in the Rockies and Tahoe regions. Profitability also moved lower on a segment basis as weather-related headwinds outweighed the benefits of cost discipline and ongoing efficiency initiatives. MTN’s advanced commitment model helped provide stability in a volatile season, as pre-sold products supported performance even as on-mountain volume weakened. Management also highlighted continued progress on guest experience initiatives, alongside cost actions that helped limit the downside from the demand shock. Following the announcement, shares of MTN declined 4.5% during the after-hours trading session yesterday. In the quarter under review, the company reported adjusted earnings of $8.81 per share, missing the Zacks Consensus Estimate of $8.97 by 1.8%. In the year-ago quarter, it had reported an EPS of $10.46. Vail Resorts, Inc. price-consensus-eps-surprise-chart | Vail Resorts, Inc. Quote Quarterly revenues were $1.21 billion, in line with the consensus estimate and down 7% year over year. Unfavorable conditions weighed on demand, with total visitation down 15% in the quarter, pressuring both destination and local performance. Vail Resorts reports through two segments, Mountain and Lodging. The Mountain segment posted net revenues of $1.13 billion, down 6.8% year over year. The figure came in line with our model’s projection of $1.13 billion. Lift revenues declined 5.3% to $729.4 million, while ski school, dining and retail/rental revenues decreased 11.5%, 10.7% and 8.3%, respectively. Profitability moved lower as the fixed-cost nature of mountain operations met reduced demand. Mountain's reported EBITDA fell 8.8% to $579.6 million. Notably, effective ticket price rose 12% to $100.24 even as total skier visits dropped to 7.276 million, reflecting a mix and pricing dynamic that partially offset volume pressure. Lodging net revenues were $75.3 million, down 9.1% year over year, with declines across owned hotel rooms, managed condominium rooms, dining and transportation...

Investors are worried that it’s all downhill from here for Vail Resorts. Shares fell more than 5% Tuesday after the ski-resort owner cut its full-year guidance due to a tough winter. Lack of snowfall in the western U.

Vail Resorts (MTN) came out with quarterly earnings of $8.81 per share, missing the Zacks Consensus Estimate of $8.97 per share. This compares to earnings of $10.54 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1.82%. A quarter ago, it was expected that this ski resort operator would post earnings of $6.06 per share when it actually produced earnings of $5.87, delivering a surprise of -3.14%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Vail Resorts, which belongs to the Zacks Leisure and Recreation Services industry, posted revenues of $1.21 billion for the quarter ended April 2026, missing the Zacks Consensus Estimate by 0.01%. This compares to year-ago revenues of $1.3 billion. The company has not been able to beat consensus revenue estimates 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 earnings call. Vail Resorts shares have added about 1.9% since the beginning of the year versus the S&P 500's gain of 7.9%. While Vail Resorts has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Vail Resorts was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's...

Vail Resorts (MTN) reported fiscal Q3 net income late Monday of $8.81 per diluted share, down from $

BROOMFIELD, Colo. (AP) — BROOMFIELD, Colo. (AP) — Vail Resorts Inc. (MTN) on Monday reported fiscal third-quarter net income of $314.4 million. On a per-share basis, the Broomfield, Colorado-based company said it had net income of $8.81. The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $8.97 per share. The ski resort operator posted revenue of $1.21 billion in the period, which met Street forecasts. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTN at https://www.zacks.com/ap/MTN

Image source: The Motley Fool. June 8, 2026 Chief Executive Officer — Robert A. Katz Chief Financial Officer — Angela Korch Vice President, Investor Relations — Connie Wang Connie Wang: Thank you, operator. Good afternoon, everyone, and welcome to Vail Resorts fiscal 26 third quarter earnings conference call. Joining me on the call today are Robert A. Katz, our Chief Executive Officer and Angela Korch, our Chief Financial Officer. Before we begin, let me remind you that some information provided during this call may include forward looking statements that are based on certain assumptions and are subject to a number of risks and uncertainties as described in our SEC filings. And actual future results may vary materially. Forward looking statements in our press release issued this afternoon along with our remarks on this call are made as of today, 06/08/2026, and we undertake no duty to update them as actual events unfold. Today's remarks also include certain non GAAP financial measures. Reconciliations of these measures are provided in the tables included with our press release, which along with our quarterly report on Form 10 q were filed this afternoon with the SEC and are also available on the Investor Relations section of our website at www.vailresorts.com. I would now like to turn the call over to Robert for opening remarks. Robert A. Katz: Thanks, Connie. Good afternoon, everyone, and thank you for joining us for our third quarter earnings call. Before getting into the details around the corner, I want to take a minute to step back and discuss our progress against the focus areas I laid out last year. This call 1 year ago was my first opportunity speak with all of you after stepping back into the CEO role. At that time, I outlined the foundational advantages that differentiate our company, including our owned and operated network, advanced commitment model, and deep guest relationships. And our commitment to leveraging those strengths to deepen guest engagement, loyalty, and drive stronger revenue growth. Now a year later and despite just going through a very challenging ski season, those priorities remain unchanged, and we are encouraged by the progress we have made in evolving our marketing approach and enhancing our lift ticket strategies. As I think it is well understood, our results this past year were significantly impacted by weather challenges a...

For the quarter ended April 2026, Vail Resorts (MTN) reported revenue of $1.21 billion, down 7% over the same period last year. EPS came in at $8.81, compared to $10.54 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.21 billion, representing a surprise of -0.01%. The company delivered an EPS surprise of -1.82%, with the consensus EPS estimate being $8.97. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Vail Resorts performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Mountain - Total skier visits: 7.28 thousand compared to the 7.43 thousand average estimate based on three analysts. Lodging - Managed condominium statistics - RevPAR: $174.87 versus $208.83 estimated by three analysts on average. Lodging - Owned hotel statistics - RevPAR: $137.95 versus $168.57 estimated by three analysts on average. Mountain - ETP: $100.24 versus the three-analyst average estimate of $98.88. Net Revenue- Mountain net revenue: $1.13 billion versus $1.13 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -6.8% change. Net Revenue- Resort net revenue: $1.21 billion versus $1.22 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -7% change. Net Revenue- Lodging net revenue: $75.32 million versus $82.91 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -9.1% change. Net Revenue- Mountain net revenue- Retail/rental: $104.21 million versus the three-analyst average estimate of $100.99 million. The reported number represents a year-over-year change of -8.3%. Net Revenue- Mountain net revenue- Other: $55.29 million compared to the $53.66 million average estimate based on three analysts. The reported number represents a change of -3.7% year over yea...

Interested in Vail Resorts, Inc.? Here are five stocks we like better. Severe weather across the Western U.S., especially in the Rockies, hurt Vail Resorts’ fiscal third-quarter results, with resort revenue down 7%, EBITDA down 9%, and visitation down 15% as snowfall in the Rockies finished 55% below the 30-year average. The company cut full-year guidance to reflect late-season weakness, now expecting net income of $128 million to $162 million and Resort Reported EBITDA of $735 million to $755 million, while saying cost controls and its advance commitment pass model helped soften the blow. Spring pass sales fell 10% in units, but management said lift-ticket initiatives showed early traction, with advance ticket sales rising and Vail’s U.S. lift-ticket visitation declining less than the broader industry. MarketBeat Week in Review – 03/09 - 03/13 Vail Resorts (NYSE:MTN) said historically poor weather across the Western United States continued to weigh on fiscal third-quarter results, pressuring visitation and revenue at its mountain resorts while management emphasized that its advance commitment pass model and cost controls helped cushion the impact. On the company’s fiscal third-quarter earnings call, Chief Executive Officer Rob Katz said the season was “very challenging,” particularly at destination resorts in the Rockies, which he said experienced the “worst season on record for snowfall.” Katz said industry-wide visitation in the Rockies declined approximately 24%, compared with a prior worst decline of 8% in 2012 outside of COVID-related closures. → Samsara Just Answered The AI Question—Is Wall Street Ready To Listen? Warm Winter Hit Vail’s Earnings. What Does It Mean for the Stock? “The historically adverse weather conditions we discussed last quarter continued through March and April, which drove meaningful pressure on visitation and revenue in the quarter,” Katz said. Management said resort revenue for the quarter declined 7% from the prior year, primarily due to unfavorable weather that affected both local and destination guests, especially in the Rockies and Tahoe. Lift revenue declined 5%, despite total visitation being down 15%, as North American pass sales had increased 3% entering the season. → IREN's 800MW Bet Flips the AI Power Switch 3 Stocks Awaiting Winter Winds of Opportunity Resort EBITDA for the quarter fell 9%. Management said the declin...

Vail Resorts (MTN) is set to report fiscal Q3 results, with investors focused on Epic Pass sales tre

Luxury ski resort company Vail Resorts (NYSE:MTN) will be reporting earnings this Monday after market close. Here’s what investors should know. Vail Resorts missed analysts’ revenue expectations last quarter, reporting revenues of $1.08 billion, down 4.7% year on year. It was a softer quarter for the company, with full-year EBITDA guidance missing analysts’ expectations significantly and a significant miss of analysts’ EPS estimates. It reported 6.78 million skier visits, down 12.5% year on year. Is Vail Resorts a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Vail Resorts’s revenue to decline 6.4% year on year, a deceleration from its flat revenue in the same quarter last year. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Vail Resorts has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at Vail Resorts’s peers in the consumer discretionary - leisure facilities segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Live Nation delivered year-on-year revenue growth of 12.1%, beating analysts’ expectations by 6.1%, and Sphere Entertainment reported revenues up 37.7%, topping estimates by 5%. Live Nation traded up 6.7% following the results while Sphere Entertainment was also up 5.5%. Read our full analysis of Live Nation’s results here and Sphere Entertainment’s results here. Investors in the consumer discretionary - leisure facilities segment have had fairly steady hands going into earnings, with share prices down 1.2% on average over the last month. Vail Resorts is up 7% during the same time and is heading into earnings with an average analyst price target of $155.17 (compared to the current share price of $134.21). ONE MORE THING: The $21 AI Application Stock Wall Street Forgot. While Wall Street obsesses over who’s building AI, one company is already using it to print money. And nobody’s paying attention. AI chip stocks trade at ridiculous valuations. This company processes a trillion consumer signals monthly using AI and trades at a third of the price. The gap won’t last. The institutions will figure it out. You need to see this first. Read the FREE Re...