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Vail Resorts: Fiscal 4Q Earnings Snapshot

BROOMFIELD, Colo. (AP) _ Vail Resorts Inc. (MTN) on Friday reported a loss of $83.7 million in its fiscal fourth quarter.

The Broomfield, Colorado-based company said it had a loss of $2.07 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $2.31 per share.

The ski resort operator posted revenue of $211.6 million in the period, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $213.6 million.

For the year, the company reported profit of $379.9 million, or $9.13 per share. Revenue was reported as $2.01 billion.

Vail Resorts shares have climbed 35 percent since the beginning of the year. The stock has increased 25 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTN at https://www.zacks.com/ap/MTN