$MTN

3 stories mentioning MTN

Every FINWIRES story that references MTN, newest first.

Vail Resorts Seen Facing Pressure From Weak Pass Sales Ahead of Q3 Results, UBS Says

Vail Resorts (MTN) is set to report fiscal Q3 results, with investors focused on Epic Pass sales trends and whether management can support expectations for earnings growth next year, UBS said in a note emailed Monday.The company is scheduled to report its quarterly results after the market closes today.The brokerage said "investor expectations have moved lower for Q3 [earnings before interest, taxes, depreciation, and amortization] and sentiment remains negative as investors fear downward revision to '27E consensus expectations."The company reported pass sales for the 2026-27 season that showed a moderate decline in units through the April sales deadline, according to the note."We think Vail needs to show this trend is not getting worse, and even with steady state trends, the looming question is how Vail grows EBITDA next year given 75% of its business is declining in the low single digit % range," UBS said.The brokerage maintained its neutral rating and $139 price target.Price: $138.70, Change: $+3.33, Percent Change: +2.46%

$MTN

Sectors52d ago

Sector Update: Consumer Stocks Mixed Late Afternoon

Consumer stocks were mixed late Thursday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.8% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 1.1%.In corporate news, Comcast (CMCSA) reported higher-than-expected Q1 results as the company benefited from the Milan Cortina Winter Olympics and Super Bowl LX. The shares rose 7.9%.Tesla (TSLA) shares fell 3.7% after the company issued higher-than-expected 2026 capital-expenditure guidance.Warner Bros. Discovery (WBD) shareholders approved the buyout by Paramount Skydance (PSKY). Warner shares fell 1.4%, and Paramount fell 5.2%.Vail Resorts (MTN) reported that skier visits from the start of the season through April 19 fell 15% from the same period a year earlier. The shares dropped 5.5%.

$CMCSA$MTN$PSKY$TSLA$WBD

Sectors53d ago

Sector Update: Consumer Stocks Mixed Thursday Afternoon

Consumer stocks were mixed Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.6%.In corporate news, Tesla (TSLA) shares fell 3.7% after it issued higher-than-expected 2026 capital expenditure guidance. TechCrunch reported the company is planning to spend $25 billion this year, compared with $8.5 billion in 2025.Warner Bros. Discovery (WBD) said Thursday its shareholders voted to approve the adoption of the merger agreement with Paramount Skydance (PSKY). Warner shares were down 0.8%, and Paramount fell 5.8%.Vail Resorts (MTN) reported Thursday that skier visits from the start of the ski season through April 19 were down 14.9%, compared with the same period a year ago. Shares fell 5.8%.

$MTN$PSKY$TSLA$WBD