MGM Resorts International (MGM) Q3 2024 Earnings Call Transcript
MGM Resorts International (NYSE:MGM ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Andrew Chapman - Director of Investor Relations Jonathan Halkyard - Chief Financial Officer William Hornbuckle - Chief Executive Officer and President Gary Fritz - President, MGM Resorts International Interactive Corey Sanders - Chief Operating Officer Hubert Wang - COO and President, MGM China Holdings Kenneth Feng - Executive Director and President of MGM China Holdings Conference Call Participants Joseph Greff - JPMorgan Shaun Kelley - Bank of America Carlo Santarelli - Deutsche Bank David Katz - Jefferies Stephen Grambling - Morgan Stanley Daniel Politzer - Wells Fargo Brandt Montour - Barclays John Decree - CBRE Barry Jonas - Truist Securities Steven Wieczynski - Stifel Chad Beynon - Macquarie Operator Good afternoon, and welcome to the MGM Resorts International Third Quarter 2024 Earnings Conference Call. Joining the call from the company today are Bill Hornbuckle, Chief Executive Officer and President; Corey Sanders, Chief Operating Officer; Jonathan Halkyard, Chief Financial Officer and Treasurer; Kenneth Feng, Executive Director and President of MGM China Holdings; Hubert Wang, COO and President of MGM China Holdings, and Andrew Chapman, Director of Investor Relations.
MGM (MGM) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for MGM (MGM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
MGM Resorts (MGM) Q3 Earnings and Revenues Lag Estimates
MGM Resorts (MGM) came out with quarterly earnings of $0.54 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.64 per share a year ago.
Unveiling MGM (MGM) Q3 Outlook: Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for MGM (MGM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Analysts Estimate MGM Resorts (MGM) to Report a Decline in Earnings: What to Look Out for
MGM (MGM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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MGM Resorts CEO on Macao's revenue growth
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MGM Resorts International CEO Bill Hornbuckle on international growth and opportunity in sports
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Will MGM (MGM) Beat Estimates Again in Its Next Earnings Report?
MGM (MGM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Casino Stocks Advance Further on Optimism About China's Stimulus Moves
Shares of Wynn Resorts (WYNN), Las Vegas Sands (LVS), and MGM Resorts International (MGM) gained again Friday on optimism that the big stimulus package announced by China will increase business at their casinos in Macau.
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There's a wide moat and strong cash flow behind this business.
Amazon MGM Studios is joining the Motion Picture Association
Amazon MGM Studios will soon join the Motion Picture Association, the lobbying arm of Hollywood's major studios announced.
