NEW YORK (TheStreet) --Vail Resorts (MTN) - Get Report shares closed Monday's trading session down 4.07% to $103.05 after the ski resorts operator reported its fourth quarter fiscal 2015 earnings results before the market open that missed analysts' earnings estimates. Revenue did beat estimates.
For the quarter ended July 31, the company reported a loss of $1.92 a share on revenue of $162.08 million.
Analysts had expected the company to report a loss of $1.88 a share on revenue of $152.3 million.
In the same period the previous year, the company posted a loss of $2.08 a share on revenue of $135.5 million.
Sales were helped by mountain and lodging operations despite fickle snowfall.
"We are excited to head into fiscal 2016 with an even stronger network of world-class resorts and very attractive growth opportunities," CEO Rob Katz stated.
Separately, stocks extended their losses today due to ongoing economic concerns in China, Reuters reports.
Additionally, the health care sector put further pressure on stocks as politicians increased scrutiny on pharmaceutical pricing, the Wall Street Journal reports.
Based in Broomfield, CO, Vail Resorts operates mountain resorts and urban ski areas in the U.S.
Separately, TheStreet Ratings team rates VAIL RESORTS INC as a Buy with a ratings score of A.TheStreet Ratings Team has this to say about their recommendation:
We rate VAIL RESORTS INC (MTN) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel its strengths outweigh the fact that the company shows weak operating cash flow.
You can view the full analysis from the report here: MTN