DALLAS (AP) _ ClubCorp Holdings Inc. (MYCC) on Wednesday reported a loss of $7.5 million in its first quarter.
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The Dallas-based company said it had a loss of 12 cents per share.
The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.
The operator of golf and country clubs posted revenue of $221.3 million in the period, surpassing Street forecasts. Seven analysts surveyed by Zacks expected $221.1 million.
ClubCorp expects full-year revenue in the range of $1.1 billion to $1.14 billion.
ClubCorp shares have risen roughly 8 percent since the beginning of the year. The stock has risen 27 percent in the last 12 months.
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