MGM Resorts (MGM) Misses Q2 EPS by 2c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/21/2026

1. SPCX
2. NVDA
3. NFLX
4. ISRG
5. GOOGL
6. RTX
7. COF
8. SMCI
9. TSLA
10. BRZE

Go back to MGM Resorts (MGM) Misses Q2 EPS by 2c

MGM Resorts International Reports Strong Second Quarter Financial And Operating Results

August 4, 2016 8:15 AM EDT

LAS VEGAS, Aug. 4, 2016 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended June 30, 2016.

Key highlights include:

Diluted earnings per share for the second quarter of 2016 was $0.83, including $0.57 related to a gain on CityCenter's sale of The Shops at Crystals ("Crystals"), compared to diluted earnings per share of $0.17 in the prior year quarter; Operating income was $769 million and included a $406 million gain related to the sale of Crystals; Adjusted Property EBITDA surpassed $500 million for the... More