MGM Growth Properties LLC Reports Third Quarter Financial Results

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MGM Growth Properties (MGP) Reports In-Line Q3 EPS, Revenues Miss

November 1, 2018 8:52 AM EDT

MGM Growth Properties (NYSE: MGP) reported Q3 EPS of $0.26, in-line with the analyst estimate of $0.26. Revenue for the quarter came in at $282.22 million versus the consensus estimate of $285.58 million.

Rental revenue was $186.6 million;Net income attributable to MGP Class A shareholders for the quarter was $19.5 million, or $0.27 per diluted share.Consolidated net... More