Shares are falling 3.4% to $102.69 on Tuesday.
This action comes after the mountain lodging and real estate company reported its third quarter earnings results yesterday. The company reported quarterly net income of $133.4 million, or $3.56 per diluted share.
While this was a 13% increase over the previous year, it was still lower than Barclays' consensus estimate of $3.73 per share for the latest quarter.
Poor conditions in Lake Tahoe and Utah drover skier visits down, according to the analyst note.
However, over the past several years, "Vail has encouraged skiers to purchase their skiing ahead of the season, which has helped the company generate consistent revenue growth despite a few historically bad snow years," analysts added.
Separately, TheStreet Ratings team rates VAIL RESORTS INC as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:
"We rate VAIL RESORTS INC (MTN) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, good cash flow from operations, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results."