Morgans Hotel Group (MHGC) Reports In-Line Q3 Loss

Morgans Hotel Group (NASDAQ: MHGC) reported Q3 EPS of ($0.40), in-line with the analyst estimate of ($0.40). Revenue for the quarter came in at $55.51 million versus the consensus estimate of $59.8 million.

Revenue per available room ("RevPAR") for System-Wide Comparable Hotels increased by 3.7% on a year-over-year basis during the third quarter of 2014.

For earnings history and earnings-related data on Morgans Hotel Group (MHGC) click here.

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