MGM Growth Properties (MGP) Misses Q2 EPS by 2c, Revenues Miss
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- 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
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
MGM Growth Properties Reports Second Quarter Financial Results
August 4, 2020 8:45 AM EDTLAS VEGAS, Aug. 4, 2020 /PRNewswire/ -- MGM Growth Properties LLC ("MGP" or the "Company") (NYSE: MGP) today reported financial results for the quarter ended June 30, 2020. Earnings attributable to MGP's Class A shareholders for the quarter was $41.0 million, or $0.30 per diluted share.
Other financial highlights for the second quarter of 2020 included:
Rental revenue of $188.3 million; Consolidated net income of $97.0 million, or $0.30 per diluted Operating Partnership unit; Funds From Operations(1) ("FFO") of $165.9 million, or $0.52 per diluted Operating Partnership unit; Adjusted Funds From Operations(2) ("AFFO") of $177.7 million, or $0.56 per diluted... More