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UBS Q2 Review on MDC Partners (MDCA): Better Revenues Offset by Expenses; Guidance Unchanged

July 31, 2012 2:02 PM EDT
Get Alerts MDCA Hot Sheet
Price: $5.42 --0%

Rating Summary:
    7 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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UBS maintains a 'Buy' on MDC Partners (NASDAQ: MDCA) price target of $15.00.

Analyst, John Janedis, reviewing the company's Q2 results, said better revenues were offset by expenses. 2012 guidance is unchanged. (the company reported a Q2 loss)

For FY12, MDCA sees revenues between $1.05-1.075 billion vs. consensus estimate of $1.07 billion.

For an analyst ratings summary and ratings history on MDC Partners click here. For more ratings news on MDC Partners click here.

Shares of MDC Partners closed at $9.48 yesterday.


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