Vail Resorts (MTN -8%) FQ4 beat estimates, but its losses widened as the ski resort operator...

|About: Vail Resorts, Inc. (MTN)|By:, SA News Editor

Vail Resorts (MTN -8%) FQ4 beat estimates, but its losses widened as the ski resort operator posted a steep drop in revenue in its real estate unit. Losses for the quarter were $53.9M, or $1.49 per share, compared with year-earlier losses of $41.9M, or $1.16 per share. Overall revenue declined 25% Y/Y to $108.7M.