MGM (MGM) Posts Q4 GAAP Loss of 70c/Share

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Go back to MGM (MGM) Posts Q4 GAAP Loss of 70c/Share

MGM Resorts (MGM) PT Trimmed to $30 at Sterne Agee Post Q4; 'Buy' Maintained

February 18, 2015 7:34 AM EST

Sterne Agee analyst David Bain adjusted estimates and trimmed his price target on MGM Resorts (NYSE: MGM) to $30.00 (from $32.00) following results, but maintained a Buy rating.

Bain commented, "Following solid 4Q14 results, we adjust our forecast to reflect slightly higher Las Vegas Strip... More

MGM (MGM) Hits Session Highs, Q4 Call Underway

February 17, 2015 11:17 AM EST

MGM (NYSE: MGM) hit session highs during its Q4 conference call, which began at 11 AM.

... More

February Macau GGR Run Rate Indicates 54% YoY Drop - Sterne Agee (MGM) (LVS) (WYNN) (MPEL)

February 17, 2015 8:18 AM EST

Checks from Sterne Agee's David Bain noted February Macau table-only gross gaming revenue is MOP9.1 billion (USD$1.14b) through February 15. Including slot assumptions, the February GGR run rate indicates a -54% year-over-year drop.

"While daily GGR should increase significantly during the Chinese New Year holiday beginning February 19 (versus... More