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Stock impact report

Earnings To Watch: MGM Resorts (MGM) Reports Q1 Results Tomorrow [Yahoo! Finance]

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: Yahoo! Finance
MGM Resorts beat analysts' revenue expectations by 5.8% last quarter, reporting revenues of $4.38 billion, up 21.8% year on year. It was a very strong quarter for the company, with revenue, EPS and free cash flow exceeding expectations. Is MGM Resorts a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting MGM Resorts's revenue to grow 9.1% year on year to $4.23 billion, slowing from the 35.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.58 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. MGM Resorts has a history of exceeding Wall Street's expectations, beating revenue estimates every single time over the past two years by 5.1% on average. Looking at MGM Resorts's peers in the consumer discretionary segment, some have already rep Show less Read more
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