MGM Growth Properties (MGP) Releases Earnings Results, Misses Expectations By $-0.15 EPS

MGM Growth Properties (MGP) reported quarterly earnings results on Thursday, Aug-4-2016. The company reported $0.32 earnings per share for the quarter, missing the analyst consensus estimate by $-0.15. Analysts had a consensus of $0.47. The company posted revenue of $110.90 million in the period, compared to analysts expectations of $110.24 million.

Many Wall Street Analysts have commented on MGM Growth Properties. MGM Growth Properties was Downgraded by Morgan Stanley to ” Equal-Weight” on Jun 22, 2016. MGM Growth Properties was Initiated by JP Morgan to “Overweight” on May 16, 2016. Citigroup Initiated MGM Growth Properties on May 16, 2016 to “Neutral”, Price Target of the shares are set at $22.50.

MGM Growth Properties

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