MGM Resorts International Reports First Quarter Financial And Operating Results

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MGM Resorts (MGM) Misses Q1 EPS by 13c, Revenues Drop 29%

April 30, 2020 4:25 PM EDT

MGM Resorts (NYSE: MGM) reported Q1 EPS of ($0.45), $0.13 worse than the analyst estimate of ($0.32). Revenue for the quarter came in at $2.3 billion, versus $3.18 billion reported last year.

"The year started strong with results ahead of expectations, however the COVID-19 pandemic resulted in the closure of our... More