We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Vail Resorts (MTN) to Report Q2 Earnings: What's in the Cards?
Read MoreHide Full Article
Vail Resorts, Inc. (MTN - Free Report) is likely to witness improvement in the bottom line when it reports second-quarter fiscal 2020 results on Mar 9. In the last reported quarter, the company posted a positive earnings surprise of 25.7%.
Q2 Expectations
The Zacks Consensus Estimate for second-quarter fiscal earnings is pegged at $5.43. In the year-ago quarter, the company had reported earnings of $5.02 per share. Moreover, in the past 30 days, the company’s earnings estimates have increased by 3 cents.
For quarterly revenues, the consensus mark is pegged at $954.1 million. The projected figure suggests a 12.3% rise from the prior-year quarter levels.
Vail Resorts’ top line in the fiscal second quarter is likely to have benefited from robust performance by the Mountain segment. Increased focus on mergers and acquisitions along with effective marketing techniques are likely to have aided the company. Also, the company’s season pass program might have added to the upside. However, the company is prone to unfavorable weather conditions. Also, high costs of operations, risks from mergers and competition might have dented profitability.
What the Zacks Model Says
Our proven model does not predict an earnings beat for Vail Resorts this time around. A stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to beat earnings. This is not the case here, as you will see below.
Earnings ESP: Vail Resorts has an Earnings ESP of +0.11%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Here are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat:
DICK'S Sporting Goods (DKS - Free Report) has an Earnings ESP of +5.16% and a Zacks Rank #2.
Casey's General Stores (CASY - Free Report) has an Earnings ESP of +3.45% and a Zacks Rank #3.
Fastenal Company (FAST - Free Report) has an Earnings ESP of +1.85% and a Zacks Rank #3.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
Image: Bigstock
Vail Resorts (MTN) to Report Q2 Earnings: What's in the Cards?
Vail Resorts, Inc. (MTN - Free Report) is likely to witness improvement in the bottom line when it reports second-quarter fiscal 2020 results on Mar 9. In the last reported quarter, the company posted a positive earnings surprise of 25.7%.
Q2 Expectations
The Zacks Consensus Estimate for second-quarter fiscal earnings is pegged at $5.43. In the year-ago quarter, the company had reported earnings of $5.02 per share. Moreover, in the past 30 days, the company’s earnings estimates have increased by 3 cents.
For quarterly revenues, the consensus mark is pegged at $954.1 million. The projected figure suggests a 12.3% rise from the prior-year quarter levels.
Vail Resorts, Inc. Price and EPS Surprise
Vail Resorts, Inc. price-eps-surprise | Vail Resorts, Inc. Quote
Factors at Play
Vail Resorts’ top line in the fiscal second quarter is likely to have benefited from robust performance by the Mountain segment. Increased focus on mergers and acquisitions along with effective marketing techniques are likely to have aided the company. Also, the company’s season pass program might have added to the upside. However, the company is prone to unfavorable weather conditions. Also, high costs of operations, risks from mergers and competition might have dented profitability.
What the Zacks Model Says
Our proven model does not predict an earnings beat for Vail Resorts this time around. A stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to beat earnings. This is not the case here, as you will see below.
Earnings ESP: Vail Resorts has an Earnings ESP of +0.11%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Vail Resorts has a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks With Favorable Combinations
Here are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat:
DICK'S Sporting Goods (DKS - Free Report) has an Earnings ESP of +5.16% and a Zacks Rank #2.
Casey's General Stores (CASY - Free Report) has an Earnings ESP of +3.45% and a Zacks Rank #3.
Fastenal Company (FAST - Free Report) has an Earnings ESP of +1.85% and a Zacks Rank #3.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>