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

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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

MGM Resorts (MGM) Tops Q1 EPS by 19c

May 4, 2015 8:17 AM EDT

MGM Resorts (NYSE: MGM) reported Q1 EPS of $0.33, $0.19 better than the analyst estimate of $0.14. Revenue for the quarter came in at $2.33 billion versus the consensus estimate of $2.4 billion.

Rooms revenue at wholly owned domestic resorts increased 2% with a 1% increase... More