MGM Resorts Int'l (MGM) Tops Q2 EPS by 2c; China Revs Up 6%
Tweet
Share
E-mailGet Alerts MGM Hot Sheet
Price: $47.10 -0.88%
EPS Growth %: -31.6%
Financial Fact:
Operating income (loss): 712.76M
Today's EPS Names:
PKE, LNN, More
EPS Growth %: -31.6%
Financial Fact:
Operating income (loss): 712.76M
Today's EPS Names:
PKE, LNN, More
Join SI Premium – FREE
MGM Resorts International (NYSE: MGM) reported Q2 EPS of ($0.12), $0.02 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.35 billion.
MGM China earned net revenue of $709 million, a 6% increase over the prior year quarter driven by increases in volume for main floor table games and slots of 7% and 39%, respectively. VIP table games turnover decreased 6% from the prior year quarter, while hold percentage was 3.3% in the current year quarter compared to 3.1% in the prior year quarter.
For earnings history and earnings-related data on MGM Resorts International (MGM) click here.
MGM China earned net revenue of $709 million, a 6% increase over the prior year quarter driven by increases in volume for main floor table games and slots of 7% and 39%, respectively. VIP table games turnover decreased 6% from the prior year quarter, while hold percentage was 3.3% in the current year quarter compared to 3.1% in the prior year quarter.
For earnings history and earnings-related data on MGM Resorts International (MGM) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump said he was unaware of his earnings from crypto
- Waste stocks ride AI and healthcare boom as CLH surges 27%
- Pembina joins proposed 1M bbl/day Alberta-to-coast pipeline plan
Create E-mail Alert Related Categories
EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
