Norwegian Cruise Line Holdings Ltd (NCLH) Q2 2021 Earnings Call Transcript msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
MGM Resorts Rises as J.P. Morgan Sees Growth in Revenue, Margins
MGM Resorts traded higher after analysts at J.P. Morgan upgraded the casino operator to overweight from neutral and raised their price target to $47.
Author:
Shares of MGM Resorts (
MGM) - Get Report traded higher Tuesday after analysts at J.P. Morgan upgraded the casino operator to overweight from neutral, saying momentum at its domestic casinos, particularly in Las Vegas, continues to build revenues and margin improvement.
Shares of the Las Vegas company at last check rose 4.1% to $40.35.
J.P. Morgan also attributed the upgrade to an 11% pullback in the stock price over the past month.
Operator
Good morning, and welcome to the Norwegian Cruise Line Holdings First Quarter 2021 Earnings Conference Call. My name is Josh, and I will be your operator. [Operator Instructions]
I would now like to turn the conference over to your host, Ms. Andrea DeMarco, Senior Vice President from Investor Relations, Corporate Communications and ESG. Ms. DeMarco, please proceed.
Andrea DeMarco
Senior Vice President from Investor Relations, Corporate Communications and ESG
Thank you, Josh, and good morning, everyone. Thank you for joining us for our first quarter 2021 earnings call. I m joined today by Frank Del Rio, President and Chief Executive Officer of Norwegian Cruise Line Holdings; and Mark Kempa, Executive Vice President and Chief Financial Officer. Frank will begin the call with opening commentary, after which Mark will follow to discuss our financials before handing the call back to Frank for closing remarks. We will then open the call for your questions. As a reminder, t
Royal Caribbean (RCL) Q1 2021 Earnings Call Transcript msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.