MGM Resorts International reports results for the quarter ended June 30 - Earnings Summary

MGM Resorts International

30/07/2026 01:42

MGM Resorts International MGM.N reported quarterly adjusted earnings of 59 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 79 cents.  The mean expectation of nineteen analysts for the quarter was for earnings of 57 cents per share. Wall Street expected results to range from 36 cents to 95 cents per share.
Revenue rose 1% to $4.45 billion from a year ago; analysts expected $4.42 billion. 
MGM Resorts International's reported EPS for the quarter was $1.11​.
The company reported quarterly net income of $292.43 million.
MGM Resorts International shares had fallen by 3.4% this quarter and gained 26.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.9% in the last three months.​ 
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 12 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the casinos & gaming peer group is also "buy" 
Wall Street's median 12-month price target for MGM Resorts International is $48.30, about 5.1% above its last closing price of $45.83
This summary was machine generated from LSEG data July 30 at 12:42 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.57
0.59
Beat
Mar. 31 2026 
0.53
0.49
Missed
Dec. 31 2025 
0.57
0.57
Met
Sep. 30 2025 
0.40
0.24
Missed