VAIL RESORTS INC (MTN) released Loss for its fourth quarter that increased from last year and missed the Street estimates.
The company's bottom line came in at -$175.4 million, or -$4.67 per share. This compares with -$128.6 million, or -$3.35 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn -$4.24 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 1.6% to $265.4 million from $269.7 million last year.
VAIL RESORTS INC earnings at a glance (GAAP) :
-Earnings (Q4): -$175.4 Mln. vs. -$128.6 Mln. last year.
-EPS (Q4): -$4.67 vs. -$3.35 last year.
-Revenue (Q4): $265.4 Mln vs. $269.7 Mln last year.
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