MGM Resorts beats on sales, earnings, but points to fall in China revenue [MarketWatch]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
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Source: MarketWatch
MGM Resorts beats on sales, earnings, but points to fall in China revenue MGM Resorts International MGM, +5.09% shares fell 0.2% late Wednesday after the company reported third-quarter results above forecasts and a rise in U.S. casino sales but a decline in revenue in China. MGM said it earned $149 million, or 26 cents a share, in the quarter, compared with $536 million, or 93 cents a share, in the prior-year quarter. Revenue rose to $2.83 billion, compared with $2.52 billion a year ago. Analysts polled by FactSet had expected earnings of 7 cents a share on sales of $2.58 billion. U.S. resorts revenue rose 18% quarter-on-quarter; net revenue of MGM China fell 6%, MGM said.
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MGM
Earnings
- 2/13/24 - Beat
MGM
Sec Filings
- 4/11/24 - Form PX14A6G
- 4/9/24 - Form 8-K
- 4/3/24 - Form 4
- MGM's page on the SEC website