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Vail Resorts reports loss in fourth quarter, but stock up 35% in 2018

The results beat Wall Street expectations

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Vail Resorts Inc. on Friday reported a loss of $83.7 million in its fiscal fourth quarter.

The Broomfield-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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