BROOMFIELD, Colo. (AP) — BROOMFIELD, Colo. (AP) — Vail Resorts Inc. (MTN) on Thursday reported a loss of $175.4 million in its fiscal fourth quarter.
On a per-share basis, the Broomfield, Colorado-based company said it had a loss of $4.67.
The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of $4.28 per share.
The ski resort operator posted revenue of $265.4 million in the period, surpassing Street forecasts. Seven analysts surveyed by Zacks expected $262.4 million.
For the year, the company reported profit of $230.4 million, or $6.07 per share. Revenue was reported as $2.89 billion.
_____
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
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
