BUZZ-PREVIEW: Vail Resorts shares slip ahead of earnings

Reuters
11 Mar
BUZZ-PREVIEW: Vail Resorts shares slip ahead of earnings

** Vail Resorts MTN.N shares slip 2.2% but outperforming broader losses on Wall Street ahead of the ski resort operator's qtrly results after the bell, as analysts predict strongest rev growth in two years

** Analysts expect fiscal Q2 rev up 5.6% to $1.14 bln, which would be largest pct increase since Jan 2023, per LSEG. Adjusted EPS seen at $6.31 vs $5.76 a year ago

** Last at $154.04, session's drop in MTN was less than the S&P 500's .SPX 2.7% fall, with investors worried that U.S. President Donald Trump's tariff policies would spark an economic slowdown

** MTN stock has fallen about 17% YTD, underperforming the S&P 500, which has fallen 4% in the same period

** Stock recently traded at 20 times expected earnings, below its avg forward PE of 35 over the past five years, per LSEG data

(Reporting by Noel Randewich)

((noel.randewich@tr.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10