AP NEWS

Vail Resorts: Fiscal 4Q Earnings Snapshot

September 28, 2018

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.

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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

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