BUZZ-PREVIEW: Vail Resorts shares slip ahead of earnings

Reuters
2025/03/11
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))

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