MGM likely to report modest Q1 revenue growth on Las Vegas demand and digital strength, but earnings expected to fall amid margin pressure and softer trends.
Cwm LLC cut its holdings in shares of MGM Resorts International (NYSE: MGM) by 38.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 125,715 shares of the company's stock after selling 78,010 shares during the period. Cwm LLC's
MGM Resorts (MGM) is positioned for a near-term upside, with Q1 results likely to beat street estimates on both revenue and adjusted EBITDAR. Las Vegas Strip softness is offset by strong Macau growth and stable regional performance, supporting a projected 3% total revenue growth and $661M adjusted EBITDAR. MGM's premium asset base and global diversification justify a $50 price target, representing 20% upside as consistent earnings beats could drive a positive revision cycle.
MGM (MGM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MGM Resorts dominates Las Vegas with 14 properties and 37,000 hotel rooms, capturing about 50% of the room market share. MGM operates integrated gaming resorts in China/Macau, Las Vegas, and regional U.S. markets, highlighting geographic diversification. The company holds a 50% stake in BetMGM, a key sportsbook and online gaming asset, with Entain plc owning the remaining half.
MGM slips as BetMGM posts 6% Q1 net revenue growth and 11% EBITDA gain but trims 2026 revenue view to $2.9-$3.1B as iGaming leads.
Amazon MGM's "Project Hail Mary" has surpassed $300 million at the global box office, making it the studio's highest-grossing film of all time. The sci-fi film has held strong at the box office, with only a 32% drop in ticket sales from its first weekend in the U.S. to its second and a nearly unheard of 5% decline internationally.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Aquatic Capital Management LLC lessened its stake in shares of MGM Resorts International (NYSE: MGM) by 54.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 214,118 shares of the company's stock after selling 255,528 shares during the
MGM Resorts International (MGM) Presents at J.P. Morgan Gaming, Lodging, Restaurant, and Leisure Management Access Forum Transcript
MGM Resorts (MGM) posted an earnings beat in its latest report and promised investors will see a stronger 2026. However, they project it not to happen until the back half of 2026.
Adam Greenblatt, CEO of BetMGM, discusses the company's record 2025 performance and expectations for Super Bowl weekend. He tells Romaine Bostick and Katie Greifeld on “The Close” that there's concerns over the sports Prediction market.