MGM Resorts International Reports First Quarter 2021 Financial And Operating Results

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Go back to MGM Resorts International Reports First Quarter 2021 Financial And Operating Results

MGM Resorts (MGM) PT Raised to $53 at Jefferies

April 29, 2021 8:26 AM EDT

Jefferies analyst David Katz raised the price target on MGM Resorts (NYSE: MGM) to $53.00 (from $50.00) while maintaining a Buy rating.

The analyst commented, "Our takeaways from the quarter are overall positive with recovery accelerating in Las Vegas, better than expected margins across... More

MGM Resorts (MGM) Tops Q1 EPS by 16c

April 28, 2021 4:17 PM EDT

MGM Resorts (NYSE: MGM) reported Q1 EPS of ($0.68), $0.16 better than the analyst estimate of ($0.84). Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.56 billion.

"We are pleased with the meaningful progress we\'ve made on multiple fronts this quarter," said Bill Hornbuckle, Chief Executive Officer and President of MGM Resorts International. "Consumer demand strengthened at our... More