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MGM Resorts International (MGM) Earnings Date, Estimates & Call Transcripts

MGM Resorts International logo
$34.16 +0.72 (+2.15%)
(As of 12/20/2024 05:31 PM ET)

MGM Resorts International Latest Earnings Summary

Actual EPS
(Oct. 30)
$0.54 Missed By -$0.04
Consensus EPS
(Oct. 30)
$0.58

MGM Resorts International released Q3 2024 earnings on October 30, 2024, reporting an EPS of $0.54, which missed analysts' consensus estimates of $0.58 by $0.04. Quarterly revenue rose 5.3% year-over-year to $4.18 billion, below the consensus estimate of $4.21 billion. With a trailing EPS of $2.80 and a P/E Ratio of 12.20, MGM Resorts International's earnings are expected to decrease -7.26% next year, from $2.48 to $2.30 per share.

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MGM Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MGM Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

MGM Resorts International Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241$0.35$0.35$0.35
Q2 20242$0.50$0.60$0.55
Q3 20242$0.59$0.66$0.63
Q4 20242$0.69$0.80$0.75
FY 20247$2.13$2.41$2.27
Q1 20251$0.39$0.39$0.39
Q2 20251$0.60$0.60$0.60
Q3 20251$0.66$0.66$0.66

MGM Resorts International Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
10/30/2024Q3 2024$0.58$0.54 -$0.04$0.47$4.21B$4.18B
7/31/2024Q2 2024$0.66$0.86+$0.20$1.12$4.21B$4.33B
5/1/2024Q1 2024$0.56$0.74+$0.18$0.81$4.24B$4.38B
2/13/2024Q4 2023$0.67$1.06+$0.39$1.20$4.14B$4.38B
11/8/2023Q3 2023$0.52$0.64+$0.12$0.82$3.86B$3.97B
8/2/2023Q2 2023$0.53$0.59+$0.06$0.63$3.82B$3.94B
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5/1/2023Q1 2023$0.04$0.44+$0.40-$0.36$3.61B$3.90B
2/8/2023Q4 2022-$1.60$0.69+$2.29$0.69$3.35B$3.59B

MGM Resorts International Earnings - Frequently Asked Questions

MGM Resorts International (NYSE:MGM) last announced its quarterly earning data on Wednesday, October 30, 2024. Learn more on MGM's earnings history.

In the previous quarter, MGM Resorts International (NYSE:MGM) missed the analysts' consensus estimate of $0.58 by $0.04 with a reported earnings per share (EPS) of $0.54. Learn more on analysts' earnings estimate vs. MGM's actual earnings.

The conference call for MGM Resorts International's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for MGM Resorts International's latest earnings report can be read online.
Read Transcript

MGM Resorts International's earnings report can be found in their filing with the SEC.
View SEC filing

MGM Resorts International (NYSE:MGM) has a recorded annual revenue of $16.16 billion.

MGM Resorts International (NYSE:MGM) has a recorded net income of $1.14 billion. MGM has generated $2.80 earnings per share over the last four quarters.

MGM Resorts International (NYSE:MGM) has a trailing price-to-earnings ratio of 12.20 and a forward price-to-earnings ratio of 13.77. The price/earnings-to-growth ratio is 3.1.

MGM Resorts International's earnings are expected to decrease from $2.48 per share to $2.30 per share in the next year, which is a -7.26% change.

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This page (NYSE:MGM) was last updated on 12/22/2024 by MarketBeat.com Staff
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