MGM Resorts (MGM) reported $4.28 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 2.4%. EPS of $0.69 for the same period compares to $0.74 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $4.27 billion, representing a surprise of +0.07%. The company delivered an EPS surprise of +38.00%, with the consensus EPS estimate being $0.50.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how MGM performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Total Las Vegas Strip Resorts: $2.18 billion compared to the $2.19 billion average estimate based on four analysts. The reported number represents a change of -3.5% year over year.
- Revenues- MGM China: $1.03 billion versus $978.78 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -2.7% change.
- Revenues- Total Regional Operations: $900.42 million versus the four-analyst average estimate of $905.36 million. The reported number represents a year-over-year change of -1%.
- Adjusted Property EBITDA- Total Las Vegas Strip Resorts: $811.16 million versus $764.75 million estimated by five analysts on average.
- Adjusted Property EBITDA- Total Regional Operations: $279.04 million compared to the $269.25 million average estimate based on five analysts.
- Adjusted Property EBITDA- MGM China: $285.57 million versus $250.31 million estimated by five analysts on average.
- Adjusted Property EBITDA- Unconsolidated resorts/affiliates: -$12.90 million versus the five-analyst average estimate of -$16.24 million.
- Adjusted Property EBITDA- Management and other operations: $21.76 million versus the five-analyst average estimate of -$4.20 million.
- Adjusted Property EBITDA- Corporate: -$120.09 million compared to the -$113.80 million average estimate based on four analysts.
- Adjusted Property EBITDA - MGM Digital: -$34.39 million versus the two-analyst average estimate of -$29.10 million.
View all Key Company Metrics for MGM here>>>
Shares of MGM have returned +6.2% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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MGM Resorts International (MGM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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