Vail Resorts, Inc. reported a net loss of $172.8 million for the first quarter of fiscal 2025, an improvement from a net loss of $175.5 million in the same period last year. The company's Resort Reported EBITDA loss was $139.7 million. Despite these losses, Vail Resorts beat earnings expectations by $0.38 and also exceeded revenue estimates. The company reaffirmed its fiscal year 2025 Resort Reported EBITDA guidance. Following the announcement, shares of Vail Resorts rose by 3.3% in after-hours trading. CEO of Vail Resorts expressed optimism about the upcoming 2024/2025 ski season, citing a strong base of committed guests as a source of stability for the company. The earnings report was released on December 9, 2024, after markets closed.