Vail Resorts: Fiscal Q4 Earnings Snapshot

September 28, 2022 GMT

BROOMFIELD, Colo. (AP) _ Vail Resorts Inc. (MTN) on Wednesday reported a loss of $108.7 million in its fiscal fourth quarter.

The Broomfield, Colorado-based company said it had a loss of $2.70 per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of $2.91 per share.

The ski resort operator posted revenue of $267.1 million in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $265.1 million.

For the year, the company reported profit of $347.9 million, or $8.55 per share. Revenue was reported as $2.53 billion.

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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