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-0.000383828045035838 -0.000255885363357347 -0.000767656090071677 0.000255885363357165 0.000255885363357165 0.0031985670419652 0.00294268167860785 0.00153531218014317
Stock impact report

MGM Resorts: China Momentum Sets Up A Clean Beat [Seeking Alpha]

MGM Resorts International (MGM) 
Last mgm resorts international earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.mgmresorts.com
Company Research Source: Seeking Alpha
Las Vegas Strip softness is offset by strong Macau growth and stable regional performance, supporting a projected 3% total revenue growth and $661M adjusted EBITDAR. MGM's premium asset base and global diversification justify a $50 price target, representing 20% upside as consistent earnings beats could drive a positive revision cycle. Risks include MGM's exposure to consumer confidence, discretionary spending, and geopolitical events, but margin recovery and easier compares later in the year offer catalysts. Daxus/iStock Unreleased via Getty Images MGM Resorts ( MGM ) has had a decent start to the year, up about 8%, but the ride has been choppy for most. The company is set to report earnings next week, prompting a good time to revisit This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of c Show less Read more
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