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Home » MGM Mirage Comfortable With 2Q Earnings Forecast
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MGM Mirage Comfortable With 2Q Earnings Forecast

By Hotel BusinessJuly 5, 20011 Min Read
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LOS ANGELES— According to a recent Reuters report, MGM Mirage CFO Jim Murren said recently that the company is comfortable with analysts’ forecast for its second quarter earnings. The 21 analysts polled by Thomson Financial/First Call have forecast earnings ranging from $0.39 to $0.47 per share, with the average at $0.42. Analysts believe that gaming has been less affected by the economic slowdown than other industries, especially the hotel industry. MGM Mirage is scheduled to release its second quarter earnings on July 24.

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