MADISON, Wis. - Great Wolf Resorts Inc., which operates indoor water-park resorts, said Wednesday it will likely report a loss in its first quarter.
| WOLF | 4.66 |
The company said it expects a loss of between 5 cents and 1 cent per share, excluding charges and an income-tax benefit.
Analysts polled by Thomson Financial predict the company will report between a loss of 5 cents per share and a profit of 2 cents per share for the quarter, with an average of a loss of 2 cents per share. Analysts typically exclude one-time charges and gains.
For the year, the company expects a loss between 45 cents and 30 cents per share, excluding charges and gains. Analysts anticipate a loss of 5 cents per share for the year.
Shares fell 46 cents, or 5.8 percent, to $7.48 in premarket trading. The shares closed at $7.94 Tuesday.

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