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Compared to Estimates, Vail Resorts (MTN) Q4 Earnings: A Look at Key Metrics

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Vail Resorts (MTN - Free Report) reported $271.29 million in revenue for the quarter ended July 2025, representing a year-over-year increase of 2.2%. EPS of -$5.08 for the same period compares to -$4.67 a year ago.

The reported revenue represents a surprise of -0.21% over the Zacks Consensus Estimate of $271.87 million. With the consensus EPS estimate being -$4.75, the EPS surprise was -6.95%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

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: 0.75 thousand compared to the 0.75 thousand average estimate based on three analysts.
  • Lodging - Managed condominium statistics - RevPAR: $48.62 compared to the $46.15 average estimate based on three analysts.
  • Lodging - Owned hotel statistics - RevPAR: $185.37 versus $178.07 estimated by three analysts on average.
  • Mountain - ETP: $63.20 versus the three-analyst average estimate of $59.70.
  • Net Revenue- Lodging net revenue: $90.27 million versus the six-analyst average estimate of $88.25 million. The reported number represents a year-over-year change of +0.9%.
  • Net Revenue- Mountain net revenue: $180.93 million versus the six-analyst average estimate of $179.08 million. The reported number represents a year-over-year change of +2.9%.
  • Net Revenue- Resort net revenue: $271.2 million versus the four-analyst average estimate of $267.74 million. The reported number represents a year-over-year change of +2.2%.
  • Net Revenue- Real estate: $0.09 million versus the four-analyst average estimate of $0.34 million. The reported number represents a year-over-year change of 0%.
  • Net Revenue- Mountain net revenue- Other: $81.1 million versus $71.77 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +6.9% change.
  • Net Revenue- Lodging net revenue- Managed condominium rooms: $10.11 million compared to the $10.46 million average estimate based on three analysts. The reported number represents a change of -3.7% year over year.
  • Net Revenue- Mountain net revenue- Retail/rental: $24.09 million versus the three-analyst average estimate of $26.29 million. The reported number represents a year-over-year change of -0.9%.
  • Net Revenue- Mountain net revenue- Dining: $18.39 million compared to the $20.51 million average estimate based on three analysts. The reported number represents a change of +2.4% year over year.

View all Key Company Metrics for Vail Resorts here>>>

Shares of Vail Resorts have returned -9.8% over the past month versus the Zacks S&P 500 composite's +2.9% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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