MGM Resorts International First Quarter 2024 Earnings: Beats Expectations [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
Net income: US$217.6m (down 54% from 1Q 2023). Profit margin: 5.0% (down from 12% in 1Q 2023). EPS: US$0.68 (down from US$1.25 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period MGM Resorts International Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 29%. Looking ahead, revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in the US. Performance of the American Hospitality industry. The company's shares are down 3.1% from a week ago. Valuation Following the latest earnings results, MGM Resorts International may be undervalued based on 6 different valuation benchmarks we assess. To explore our complete evaluation click here and get an understanding of what analysts are thinking about the company's future. Have feedback on this article? Concern
Show less
Read more
Impact Snapshot
Event Time:
MGM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MGM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MGM alerts
High impacting MGM Resorts International news events
Weekly update
A roundup of the hottest topics
MGM
News
- BetMGM Sponsors Progressive Jackpot During Wheel of Fortune's "Big Money Week" [Yahoo! Finance]Yahoo! Finance
- The Mirage casino, which ushered in an era of Las Vegas Strip megaresorts in the '90s, is closing [MSNBC.com]MSNBC.com
- BetMGM Sponsors Progressive Jackpot During Wheel of Fortune's "Big Money Week"PR Newswire
- Las Vegas landmark the Mirage to close doors [Yahoo! Finance]Yahoo! Finance
- Iconic Mirage casino in Las Vegas closing, rebranding with guitar-shaped Hard Rock Hotel [Yahoo! Finance]Yahoo! Finance
MGM
Earnings
- 5/1/24 - Beat
MGM
Sec Filings
- 5/17/24 - Form 144
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- MGM's page on the SEC website