MGM Resorts Intl Q2 Adj $0.59 Beats $0.54 Estimate, Sales $3.94B Beat $3.82B Estimate
Portfolio Pulse from Benzinga Newsdesk
MGM Resorts Intl reported Q2 earnings of $0.55 per share, beating the analyst consensus estimate of $0.54 by 1.85%. The company also reported quarterly sales of $3.94 billion, beating the estimate of $3.82 billion by 3.19%. This represents a 1733.33% increase in earnings and a 20.74% increase in sales compared to the same period last year.
August 04, 2023 | 12:10 pm
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POSITIVE IMPACT
MGM Resorts Intl's Q2 earnings and sales beat estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
MGM Resorts Intl's Q2 earnings and sales exceeded estimates, which is typically a positive signal to investors and can lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100