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MGP - MGM Growth Properties AFFO of $0.69 beats by $0.08 revenue of $201.93M beats by $0.41M
MGM Growth Properties LLC Class A representing limited liability company interests
MGM Growth Properties press release (NYSE:MGP): Q1 AFFO of $0.69 beats by $0.08. Revenue of $201.93M (+3.9% Y/Y) beats by $0.41M. Consolidated net income of $116.5 million, or $0.43 per diluted Operating Partnership unit; Consolidated Funds From Operations ("FFO") of $191.4 million, or $0.71 per diluted Operating Partnership unit; Consolidated Adjusted EBITDA ("Adjusted EBITDA") of $253.6 million; General and administrative expenses of $3.6 million; and Income from unconsolidated affiliate of $25.4 million.