Sterne Agee Raises PT on MGM (MGM) after Q4, Keeps Neutral as Strip Momentum Stalls

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Go back to Sterne Agee Raises PT on MGM (MGM) after Q4, Keeps Neutral as Strip Momentum Stalls

MGM Resorts (MGM) Posts Q4 Loss of $2.50/Share; MGM China Declares Dividend

February 20, 2013 8:34 AM EST

MGM Resorts International (NYSE: MGM) reported Q4 EPS of ($2.50), which may not compare with the analyst estimate of ($0.22). Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.31 billion.

On February 20, 2013, MGM China's Board of Directors announced a... More