MGM Resorts Intl: Q2 Earnings Insights

MGM Resorts Intl MGM reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

MGM Resorts Intl missed estimated earnings by 88.46%, reporting an EPS of $0.03 versus an estimate of $0.26.

Revenue was up $997.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 2.67% drop in the share price the next day.

Here's a look at MGM Resorts Intl's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.07 0.02 -0.01 -0.44
EPS Actual 0.01 0.12 0.03 -0.13
Revenue Estimate 2.78B 2.78B 2.48B 2.09B
Revenue Actual 2.85B 3.06B 2.71B 2.27B

To track all earnings releases for MGM Resorts Intl visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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