BROOMFIELD, Colo. (AP) — BROOMFIELD, Colo. (AP) — Vail Resorts Inc. (MTN) on Wednesday reported a loss of $186.8 million in its fiscal first quarter.
On a per-share basis, the Broomfield, Colorado-based company said it had a loss of $5.20.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $5.23 per share.
The ski resort operator posted revenue of $271 million in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $271.3 million.
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