UPDATE: Vail Resorts Posts Wider Q1 Loss

Vail Resorts

reported a wider first-quarter loss. Vail Resorts posted a quarterly loss of $60.6 million, or $1.70 per share, versus a year-ago loss of $55.7 million, or $1.54 per share. Its sales came in at $116.4 million. However, analysts were expecting a loss of $1.58 per share on sales of $116.7 million. Vail Resorts shares closed at $55.84 yesterday.