MGM Resorts International expected to post earnings of 56 cents a share - Earnings Preview

* MGM Resorts International is expected to show a rise in quarterly revenue when it reports results on May 1 for the period ending March 31 2024

* The Las Vegas Nevada-based company is expected to report a 9.4% increase in revenue to $4.236 billion from $3.87 billion a year ago, according to the mean estimate from 15 analysts, based on LSEG data. (Sales/Revenue Majority Basis is on Total Revenues)

* ​LSEG's mean analyst estimate for MGM Resorts International is for earnings of 56 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts had risen by about 1.2% in the last three months. ​

* Wall Street's median 12-month price target for MGM Resorts International is $56.00​, above​ its last closing price of $41.61. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2023 0.75 0.71 1.06 Beat 48.4

Sep. 30 2023 0.47 0.49 0.64 Beat 31.1

Jun. 30 2023 0.59 0.10 0.59 Beat 9​

Jan. 1 0001 0.25 0.10 0.44 Beat 325.1

​​Dec. -1.38 -1.36 -1.53 Missed -12.7

31 2022

Jan. 1 0001 0.16 0.24 -1.39 Missed -87.1​

Jun. 30 2022 0.15 0.23 0.03 Missed -87.1

Mar. 31 2022 -0.11 -0.09 0.01 Beat

This summary was machine generated April 29 at 21:23 GMT. 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)