MGM Resorts International Reports Third Quarter Financial Results
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MGM Resorts (MGM) Tops Q3 EPS by 8c, Submits S-11 for REIT
October 29, 2015 7:04 AM EDTMGM Resorts (NYSE: MGM) reported Q3 EPS of $0.12, $0.08 better than the analyst estimate of $0.04. Revenue for the quarter came in at $2.28 billion versus the consensus estimate of $2.3 billion.
MGM China
Key third quarter results for MGM China include the following:MGM China earned net revenue of $529 million, a 33% decrease compared to the prior year quarter;Main floor table games revenue decreased 30% compared to the prior year quarter;VIP table games revenue decreased 39% due to a decrease in VIP table games turnover of 55% compared to the prior year quarter,... More