MGM Resorts (MGM) Tops Q3 EPS by 2c
Get Alerts MGM Hot Sheet
Price: $42.04 +0.02%
Revenue Growth %: +7.7%
Financial Fact:
Less: net income attributable to noncontrolling interests: -25.64M
Today's EPS Names:
ESCA, LICT, NKSH, More
Revenue Growth %: +7.7%
Financial Fact:
Less: net income attributable to noncontrolling interests: -25.64M
Today's EPS Names:
ESCA, LICT, NKSH, More
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MGM Resorts (NYSE: MGM) reported Q3 EPS of $0.31, $0.02 better than the analyst estimate of $0.29. Revenue for the quarter came in at $3.31 billion versus the consensus estimate of $3.33 billion.
MGM China
- Net revenues increased 22% compared to the prior year quarter to $738 million;
- VIP Table Games Hold Adjusted MGM China Net Revenues(3) of $699 million, a 19% increase compared to the prior year quarter;
- Adjusted Property EBITDA of $182 million, a 40% increase compared to the prior year quarter;
- VIP Table Games Hold Adjusted MGM China Adjusted Property EBITDA(2) of $168 million, a 36% increase compared to the prior year quarter; and
- Adjusted Property EBITDA margin of 24.7% , a 321 basis point increase compared to the prior year quarter.
For earnings history and earnings-related data on MGM Resorts (MGM) click here.
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