Morgans Hotel Group Co. (MHGC) Posts Q3 Loss of 89c/Share; Raises FY11 RevPAR Outlook

November 7, 2011 4:37 PM EST
Get Alerts MHGC Hot Sheet
Price: $2.15 --0%

Financial Fact:
Income tax expense: 117K

Today's EPS Names:
SVBT, ZEO, OTLK, More
Join SI Premium – FREE
Morgans Hotel Group Co. (NASDAQ: MHGC) reported Q3 EPS of ($0.89) which may not compare to the analyst estimate of ($0.35).

Sees FY11 revPAR up 8-10%, had previously expected sales up 7-9%.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance