MGM Resorts Intl Q3 Adj $0.64 Beats $0.49 Estimate, Sales $3.97B Beat $3.87B Estimate
Portfolio Pulse from Benzinga Newsdesk
MGM Resorts Intl reported Q3 earnings of $0.64 per share, beating the analyst consensus estimate of $0.49 by 30.61%. This is a 146.04% increase over losses of $(1.39) per share from the same period last year. The company also reported quarterly sales of $3.97 billion, beating the analyst consensus estimate of $3.87 billion by 2.67%. This is a 16.31% increase over sales of $3.42 billion the same period last year.
November 08, 2023 | 9:19 pm
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POSITIVE IMPACT
MGM Resorts Intl's Q3 earnings and sales beat estimates, showing significant YoY increases. This positive financial performance could boost investor confidence and potentially drive the stock price up in the short term.
MGM Resorts Intl reported strong Q3 earnings and sales, both beating analyst estimates and showing significant YoY increases. This positive financial performance indicates the company's strong operational efficiency and could boost investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100