MGM Resorts Warns of Nearly 30% Drop in First-Quarter Revenue [TheStreet.com]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
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Source: TheStreet.com
Casino and hotel operator MGM Resorts International(Get ReportShares were of the Las Vegas company at last check were up 4% to $13.82.MGM Resorts said in a regulatory filing that its preliminary expectation for first-quarter consolidated revenue was $2.3 billion. That's down 29% from the year-earlier period and short of the FactSet consensus estimate of $2.48 billion.Net revenue at the Las Vegas Strip resorts is expected to total $1.1 billion, the filing said, a 21% decrease from a year ago. Net revenue at MGM China is expected to total $272 million, a 63% decline.MGM is scheduled to report earnings on April 30."The spread of and developments surrounding the global pandemic have had, and we expect will continue to have, a significant impact on our business, results of operations and financial condition," the company said in a filing.Separately, MGM said it proposed to offer $500 million of senior notes due 2025 "for general corporate purposes, including, without limitation, further i
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MGM
News
- Man arrested after deadly shooting inside Maryland's MGM National Harbor [CBS News]CBS News
- ARIA Resort & Casino and JKS Restaurants Unveil Gymkhana, Bringing Indian Fine Dining to the Las Vegas Strip for the First TimePR Newswire
- MGM Resorts (MGM): Reassessing Valuation After a Recent Share Price Rebound [Yahoo! Finance]Yahoo! Finance
- Man killed inside MGM National Harbor casino food court: police [USA TODAY]USA TODAY
- Police search for suspect in Maryland casino shooting [FOX News]FOX News
MGM
Earnings
- 10/29/25 - Miss
MGM
Sec Filings
- 12/3/25 - Form 4
- 11/10/25 - Form SCHEDULE
- 10/29/25 - Form 10-Q
- MGM's page on the SEC website