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

$40.36
+0.26 (+0.65%)
(As of 10/25/2024 08:57 PM ET)

Earnings Summary

Upcoming
Earnings Date
Oct. 30
After Market Closes
Confirmed
Actual EPS
(Jul. 31)
$0.86 Beat By $0.20
Consensus EPS
(Jul. 31)
$0.66
Skip Charts & View Estimated and Actual Earnings Data

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 EstimateCompany Guidance
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$0.86$0.78 
FY 20247$2.13$2.47$2.30 
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 Earnings Date and Information

MGM Resorts International last released its quarterly earnings results on July 31st, 2024. The reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.66 by $0.20. The business had revenue of $4.33 billion for the quarter, compared to analysts' expectations of $4.21 billion. Its revenue for the quarter was up 9.8% compared to the same quarter last year. MGM Resorts International has generated $2.65 earnings per share over the last year ($2.65 diluted earnings per share) and currently has a price-to-earnings ratio of 15.2. Earnings for MGM Resorts International are expected to grow by 11.81% in the coming year, from $2.54 to $2.84 per share. MGM Resorts International has confirmed that its next quarterly earnings report will be published on Wednesday, October 30th, 2024. MGM Resorts International will be holding an earnings conference call on Wednesday, October 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call. or dial in at 412-317-0088 with passcode "1436929".

MGM Resorts International Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
10/30/2024
(Confirmed)
-------  
7/31/2024Q2 2024$0.66$0.86+$0.20$1.12$4.21 billion$4.33 billion        
5/1/2024Q1 2024$0.56$0.74+$0.18$0.81$4.24 billion$4.38 billion        
2/13/2024Q4 2023$0.67$1.06+$0.39$1.20$4.14 billion$4.38 billion        
11/8/2023Q3 2023$0.52$0.64+$0.12$0.82$3.86 billion$3.97 billion          
8/2/2023Q2 2023$0.53$0.59+$0.06$0.63$3.82 billion$3.94 billion        
5/1/2023Q1 2023$0.04$0.44+$0.40($0.36)$3.61 billion$3.90 billion        
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2/8/2023Q4 2022($1.60)$0.69+$2.29$0.69$3.35 billion$3.59 billion    
11/2/2022Q3 2022$0.22($1.39)($1.61)($1.33)$3.26 billion$3.42 billion    
8/3/2022Q2 2022$0.24$0.03($0.21)($4.14)$3.03 billion$3.26 billion    
5/2/2022Q1 2022($0.09)$0.01+$0.10$0.08$2.75 billion$2.85 billion          
2/9/2022Q4 2021$0.02$0.12+$0.10$0.01$2.77 billion$3.06 billion        
11/3/2021Q3 2021($0.04)$0.03+$0.07($2.71)$2.41 billion$2.71 billion        
8/4/2021Q2 2021($0.37)($0.13)+$0.24($0.40)$2.17 billion$2.27 billion        
4/28/2021Q1 2021($0.86)($0.68)+$0.18($0.67)$1.55 billion$1.65 billion      
2/10/2021Q4 2020($0.96)($0.90)+$0.06($0.88)$1.53 billion$1.49 billion      
10/29/2020Q3 2020($1.10)($1.08)+$0.02($1.08)$1.30 billion$1.13 billion      
7/30/2020Q2 2020($1.65)($1.52)+$0.13($1.37)$442.57 million$289.81 million      
4/30/2020Q1 2020($0.32)($0.45)($0.13)($2.54)$2.26 billion$2.25 billion      
2/12/2020Q4 2019$0.24$0.08($0.16)($3.75)$3.21 billion$3.19 billion      
10/30/2019Q3$0.29($0.08)($0.37)$0.70$3.33 billion$3.31 billion      

MGM Resorts International Earnings - Frequently Asked Questions

When is MGM Resorts International's earnings date?

MGM Resorts International has confirmed that its next quarterly earnings data will be published on Wednesday, October 30th, 2024. Learn more on MGM's earnings history.

Did MGM Resorts International beat their earnings estimates last quarter?

In the previous quarter, MGM Resorts International (NYSE:MGM) reported $0.86 earnings per share (EPS) to beat the analysts' consensus estimate of $0.66 by $0.20. Learn more on analysts' earnings estimate vs. MGM's actual earnings.

How can I listen to MGM Resorts International's earnings conference call?

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

How can I read MGM Resorts International's conference call transcript?

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

How much revenue does MGM Resorts International generate each year?

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

How much profit does MGM Resorts International generate each year?

MGM Resorts International (NYSE:MGM) has a recorded net income of $1.14 billion. MGM has generated $2.65 earnings per share over the last four quarters.

What is MGM Resorts International's price-to-earnings ratio?

MGM Resorts International (NYSE:MGM) has a trailing price-to-earnings ratio of 15.23 and a forward price-to-earnings ratio of 15.89. The price/earnings-to-growth ratio is 0.97.

What is MGM Resorts International's EPS forecast for next year?

MGM Resorts International's earnings are expected to grow from $2.54 per share to $2.84 per share in the next year, which is a 11.81% increase.


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This page (NYSE:MGM) was last updated on 10/28/2024 by MarketBeat.com Staff
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