Magna Entertainment (MECA) Reports Q4 Loss of $0.38
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Magna Entertainment Corp. (Nasdaq: MECA) reports a Q4 loss of $0.38, 1 cent better than the analyst estimate of ($0.39). Revenues for the quarter were $117.29 million, versus the consensus of $137.50 million.
Magna Entertainment Corp. engages in the ownership and operation of horse racetracks primarily in the United States.
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