MGM Growth Properties (MGP) Reports Q2 AFFO of 50c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
MGM Growth Properties LLC Reports Second Quarter Financial Results
August 8, 2017 8:40 AM EDTLAS VEGAS, Aug. 8, 2017 /PRNewswire/ -- MGM Growth Properties LLC ("MGP" or the "Company") (NYSE: MGP) today reported financial results for the quarter ended June 30, 2017. Net income attributable to MGP Class A shareholders for the quarter was $10.7 million, or $0.18 per dilutive share.
Financial highlights for the second quarter of 2017:
Rental revenue was $163.2 million; Net income was $43.9 million, or $0.18 per diluted Operating Partnership unit; Funds From Operations(1) ("FFO") was $114.7 million, or $0.47 per diluted Operating Partnership unit; Adjusted Funds From Operations(2) ("AFFO") was $121.7 million, or $0.50 per diluted Operating... More