MGM Resorts (MGM) Tops Q1 EPS by 19c

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MGM Resorts (MGM) Misses Guidance for First Time in 9 Quarters, Sterne Agee CRT Remain Bullish

May 5, 2015 9:44 AM EDT

Sterne Agee CRT maintained a Buy rating on MGM Resorts International (NYSE: MGM) and lowered their price target to $27 (from $28) after MGM missed Las Vegas Rev/PAR guidance for the first time in 9 quarters. this lead to a 6% YoY decrease in Strip EBITDA. However, MGM plans on executing several cost saving... More

MGM Resorts (MGM) PT Trimmed to $25 at Credit Suisse

May 5, 2015 7:20 AM EDT

Credit Suisse analyst J. Simkins revised estimates and trimmed its price target on MGM Resorts (NYSE: MGM) to $25.00 (from $26.00) following Q1 results but maintained an Outperform rating.

For an analyst ratings summary and ratings history on MGM Resorts... More

Macau Casino Revenue Stabilizes in April But Any Rally Could be 'Short Lived', Says Analyst (LVS) (MGM) (MPEL) (WYNN)

May 4, 2015 7:57 AM EDT

Casino revenue in Macau declined 39% year-over-year in April compared to a 39% decline in March, according to Macau's Gaming Inspection and Coordination Bureau.

In the view of analyst Karen Tang of Deutsche Bank, results were as expected. Tang also thinks a rally in Macau stocks into Galaxy's phase II opening will be... More

Trading Radar 5/4: Comcast (CMCSA), Sprint (S), MGM Resorts (MGM), Sysco (SYY), Loews (L), Tenet Healthcare (THC) Report

May 1, 2015 3:30 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Earnings:

AMC Networks (Nasdaq: AMCX) - consensus EPS $1.48
ArcBest (Nasdaq: ARCB) - consensus EPS $0.10
Array Biopharma (Nasdaq: ARRY) - consensus loss $0.01
Boardwalk Pipeline Partners (NYSE: BWP) - consensus EPS $0.37
Broadsoft (Nasdaq: BSFT) - consensus EPS $0.17
CEVA, Inc. (Nasdaq: CEVA) - consensus EPS... More