Luxury ski resort company Vail Resorts (NYSE:MTN) will be reporting earnings today . Here’s what to expect.
Vail Resorts beat analysts’ revenue expectations by 4% last quarter, reporting revenues of $260.3 million, flat year on year. It was a very strong quarter for the company, with a solid beat of analysts’ EBITDA estimates.
Is Vail Resorts a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Vail Resorts’s revenue to grow 5.1% year on year to $1.13 billion, a reversal from the 2.2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $6.31 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Vail Resorts has missed Wall Street’s revenue estimates five times over the last two years.
Looking at Vail Resorts’s peers in the leisure facilities segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Live Nation’s revenues decreased 2.4% year on year, beating analysts’ expectations by 1.4%, and Planet Fitness reported revenues up 19.4%, topping estimates by 4.9%. Live Nation traded down 1.9% following the results while Planet Fitness was also down 8.9%.
Read our full analysis of Live Nation’s results here and Planet Fitness’s results here.
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