MGM Resorts Intl Q2 2024 Adj EPS $0.86 Beats $0.62 Estimate, Sales $4.30B Beat $4.22B Estimate
Portfolio Pulse from Benzinga Newsdesk
MGM Resorts Intl reported Q2 2024 adjusted EPS of $0.86, beating the $0.62 estimate, and sales of $4.30 billion, surpassing the $4.22 billion estimate. This represents a 9.08% increase over the same period last year.
July 31, 2024 | 8:19 pm
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MGM Resorts Intl reported strong Q2 2024 results with adjusted EPS of $0.86, beating estimates by 38.71%, and sales of $4.30 billion, exceeding expectations by 1.94%. This indicates robust performance and growth.
MGM's strong earnings and revenue performance, significantly beating analyst estimates, suggest positive investor sentiment and potential short-term stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100