MGM Resorts International Reports Fourth Quarter And Full Year Financial Results
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Janney Capital Remains Bullish on MGM Resorts (MGM) With a Positive Las Vegas Outlook
February 22, 2016 1:07 PM ESTJanney Capital maintained a Buy rating on MGM Resorts (NYSE: MGM), and cut the price target to $25.00 (from $28.00), with a positive outlook for Las Vegas. In Las Vegas, the company grew revenue 2% and EBITDA 14%. Janney thinks it was a positive that EBITDA margin increased... More
MGM Resorts (MGM) Reports Q4 Loss Per Share of $1.38
February 18, 2016 7:48 AM ESTMGM Resorts (NYSE: MGM) reported Q4 EPS of ($1.38), does not compare to the analyst estimate of $0.08. Revenue for the quarter came in at $2.19 billion versus the consensus estimate of $2.25 billion.
Key fourth quarter results for MGM China include the following:
MGM China earned net revenue of $499... More