Vail Resorts Inc. on Thursday reported fiscal third-quarter net income of $157.6 million.

On a per-share basis, the Broomfield, Colorado-based company said it had profit of $4.23.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.20 per share.

The ski resort operator posted revenue of $647.5 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $654.7 million.

Vail Resorts shares have climbed roughly 6 percent since the beginning of the year. The stock has risen 27 percent in the last 12 months.

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Photo Credit: Beaver Creek Resorts, a Vail Resorts property. Beaver Creek / Associated Press