BROOMFIELD, Colo. (AP) — BROOMFIELD, Colo. (AP) — Vail Resorts Inc. (MTN) on Thursday reported fiscal third-quarter net income of $362 million.
The Broomfield, Colorado-based company said it had net income of $9.54 per share.
The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $9.94 per share.
The ski resort operator posted revenue of $1.28 billion in the period, which also missed Street forecasts. Seven analysts surveyed by Zacks expected $1.31 billion.
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