MGM Resorts Shares Fall After “Uninspiring” Earnings Release

FAN Editor

This article was originally published on ETFTrends.com.

MGM Resorts has become the latest company to join a growing list of Las Vegas casinos experiencing stock declines and waning demand. MGM’s results for the second quarter missed on both the top and bottom line, with an adjusted EPS of $0.26 versus the $0.29 estimate, and revenue of $2.86 billion compared to the expected […]

Continue Reading Below

Read more at ETFTrends.com >

Free America Network Articles

Leave a Reply

Next Post

ETF Investors Should Consider the Growth Story of Emerging Market Consumers

This article was originally published on ETFTrends.com. Emerging market consumers are becoming large influential force in the global markets, exhibiting a preference for online shopping via the smartphone and digital devices. Investors can also capitalize on this shifting in consumer trends through a targeted exchange traded fund that taps into […]