Vail Resorts Inc. (NYSE:MTN) shares traded lower after the company posted worse-than-expected third-quarter results after Monday’s closing bell. Here's a look at the key figures from the quarter.
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Vail Resorts Q3 Details
Vail Resorts reported quarterly earnings of $8.81 per share, which missed the Street estimate of $9.20 by 4.24%
Quarterly sales of $1.21 billion, which missed the analyst consensus estimate of $1.22 billion and were down from $1.23 billion in the same period last year.
The company said pass product sales through May 26, 2026, for the upcoming 2026/2027 North American ski season decreased approximately 10%, days sold decreased approximately 8% and sales dollars decreased approximately 5%, as compared to the prior year period.
“Weather conditions remained extremely unfavorable in the third quarter, adding to what had already been one of the most challenging winters in history across the western U.S., driving continued pressure on visitation and revenue in the quarter, particularly at our destination resorts in the Rockies,” CEO Rob Katz said.
MTN Stock Price Activity: According to data from Benzinga Pro, Vail Resorts stock fell 4.88% to $130.51 in Monday's extended trading.
Photo: Shutterstock, according to Benzinga Pro data.
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