BROOMFIELD, Colo. (AP) _ Vail Resorts Inc. (MTN) on Thursday reported a loss of $140.8 million in its fiscal fourth quarter.

On a per-share basis, the Broomfield, Colorado-based company said it had a loss of $3.49.

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of $3.64 per share.

The ski resort operator posted revenue of $204.2 million in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $177 million.

For the year, the company reported profit of $127.9 million, or $3.13 per share. Revenue was reported as $1.91 billion.

Vail Resorts shares have climbed 17% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $327.71, a rise of 43% in the last 12 months.

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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