S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
NYSE:MGM

MGM Resorts International (MGM) Earnings Date, Estimates & Call Transcripts

$36.54
-0.49 (-1.32%)
(As of 09/22/2023 ET)
Compare
Today's Range
$36.51
▼
$37.55
50-Day Range
$36.54
▼
$50.89
52-Week Range
$29.20
▼
$51.35
Volume
5.20 million shs
Average Volume
4.68 million shs
Market Capitalization
$12.82 billion
P/E Ratio
35.48
Dividend Yield
N/A
Price Target
$58.86
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Earnings Summary

Upcoming
Earnings Date
Nov. 1Estimated
Actual EPS
(Aug. 2)
$0.59 Beat By $0.06
Consensus EPS
(Aug. 2)
$0.53
Read Call Transcript
Listen to Call
Skip Charts & View Estimated and Actual Earnings Data
Earnings Per ShareRevenue

MGM Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MGM Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

MGM Resorts International Analyst Forecasts

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20232$0.03$0.17$0.10 
Q2 20233$0.08$0.44$0.26 
Q3 20233$0.10$0.62$0.37 
Q4 20233$0.13$0.72$0.48 
FY 202311$0.34$1.95$1.21 
Q1 20241$0.35$0.35$0.35 
Q2 20241$0.50$0.50$0.50 
Q3 20241$0.66$0.66$0.66 
Q4 20241$0.69$0.69$0.69 
FY 20244$2.20$2.20$2.20 
Q1 20251$0.33$0.33$0.33 
Q2 20251$0.59$0.59$0.59 

MGM Earnings Date and Information

MGM Resorts International last announced its earnings results on August 2nd, 2023. The reported $0.59 EPS for the quarter, beating the consensus estimate of $0.53 by $0.06. The company earned $3.94 billion during the quarter, compared to analyst estimates of $3.82 billion. Its revenue for the quarter was up 20.7% compared to the same quarter last year. MGM Resorts International has generated $1.03 earnings per share over the last year ($1.03 diluted earnings per share) and currently has a price-to-earnings ratio of 35.5. Earnings for MGM Resorts International are expected to grow by 12.30% in the coming year, from $2.44 to $2.74 per share. MGM Resorts International has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, November 1st, 2023 based off prior year's report dates.

MGM Resorts International Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
11/1/2023
Estimated)		------- 
8/2/2023Q2 2023$0.53$0.59+$0.06$0.63$3.82 billion$3.94 billion    
5/1/2023Q1 2023$0.04$0.44+$0.40($0.36)$3.61 billion$3.90 billion    
2/8/2023Q4 2022($1.60)$0.69+$2.29$0.69$3.35 billion$3.59 billion
11/2/2022Q3 2022$0.22($1.39)($1.61)($1.33)$3.26 billion$3.42 billion
8/3/2022Q2 2022$0.24$0.03($0.21)($4.14)$3.03 billion$3.26 billion
5/2/2022Q1 2022($0.09)$0.01+$0.10$0.08$2.75 billion$2.85 billion      
2/9/2022Q4 2021$0.02$0.12+$0.10$0.01$2.77 billion$3.06 billion    
11/3/2021Q3 2021($0.04)$0.03+$0.07($2.71)$2.41 billion$2.71 billion    
8/4/2021Q2 2021($0.37)($0.13)+$0.24($0.40)$2.17 billion$2.27 billion    
4/28/2021Q1 2021($0.86)($0.68)+$0.18($0.67)$1.55 billion$1.65 billion  
2/10/2021Q4 2020($0.96)($0.90)+$0.06($0.88)$1.53 billion$1.49 billion  
10/29/2020Q3 2020($1.10)($1.08)+$0.02($1.08)$1.30 billion$1.13 billion  












MGM Resorts International Earnings - Frequently Asked Questions

When is MGM Resorts International's earnings date?

MGM Resorts International has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, November 1st, 2023 based off last year's report dates. Learn more on MGM's earnings history.

Did MGM Resorts International beat their earnings estimates last quarter?

In the previous quarter, MGM Resorts International (NYSE:MGM) reported $0.59 earnings per share (EPS) to beat the analysts' consensus estimate of $0.53 by $0.06. Learn more on analysts' earnings estimate vs. MGM's actual earnings.

How can I listen to MGM Resorts International's earnings conference call?

The conference call for MGM Resorts International's latest earnings report can be listened to online. Listen to Conference Call

How can I read MGM Resorts International's conference call transcript?

The conference call transcript for MGM Resorts International's latest earnings report can be read online. Read Transcript

How much revenue does MGM Resorts International generate each year?

MGM Resorts International (NYSE:MGM) has a recorded annual revenue of $13.13 billion.

How much profit does MGM Resorts International generate each year?

MGM Resorts International (NYSE:MGM) has a recorded net income of $1.47 billion. MGM has generated $1.03 earnings per share over the last four quarters.

What is MGM Resorts International's price-to-earnings ratio?

MGM Resorts International (NYSE:MGM) has a trailing price-to-earnings ratio of 35.48 and a forward price-to-earnings ratio of 14.98.

What is MGM Resorts International's EPS forecast for next year?

MGM Resorts International's earnings are expected to grow from $2.44 per share to $2.74 per share in the next year, which is a 12.30% increase.


More Earnings Resources from MarketBeat

Related Companies:
Earnings Tools:
Earnings By Country:
Latest Articles:
This page (NYSE:MGM) was last updated on 9/24/2023 by MarketBeat.com Staff

My Account -