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00:02Vail Resort's shares fell in Monday's extended trading after the company reported
00:06second-quarter earnings and revenue that missed analyst estimates.
00:10The ski resort operator reported second-quarter earnings of $5.87 per share on $1.08 billion in
00:18revenue, missing analyst estimates of $6.21 per share and $1.113 billion. Revenue declined from
00:26$1.14 billion in the same period last year. CEO Robcats said the company faced the lowest snowfall
00:33in more than 30 years across Colorado and Utah resorts during the winter.
00:37Warmer temperatures reduced available terrain through the quarter and into February.
00:42Vail Resort's lowered its fiscal 2026 outlook and now expects net income of $144 million to $190 million
00:50and EBITDA of $745 million to $775 million. Shares fell 2.69% to $130.50 in Monday's extended
01:03trading following the earnings report, according to data from Benzinga Pro.
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