Vail Resorts (NYSE:MTN) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$1.28b (up 3.6% from 3Q 2023).
- Net income: US$362.0m (up 11% from 3Q 2023).
- Profit margin: 28% (up from 26% in 3Q 2023).
- EPS: US$9.57 (up from US$8.20 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Vail Resorts Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 4.9%.
Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Hospitality industry in the US.
Performance of the American Hospitality industry.
The company’s shares are down 7.8% from a week ago.
Risk Analysis
You still need to take note of risks, for example – Vail Resorts has 2 warning signs we think you should be…
