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MGM (MGM) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-02-14 08:31
MGM Resorts (MGM) reported $4.38 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 21.8%. EPS of $1.06 for the same period compares to $0.69 a year ago.The reported revenue represents a surprise of +6.88% over the Zacks Consensus Estimate of $4.09 billion. With the consensus EPS estimate being $0.67, the EPS surprise was +58.21%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...
MGM Resorts (MGM) Beats Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-14 07:26
MGM盈利情况 - MGM度过了一个盈利惊喜的季度,每股收益为1.06美元,超过了Zacks Consensus Estimate的0.67美元[1] - MGM在过去四个季度中四次超过了市场预期的每股收益[2] MGM营收表现 - MGM在2023年12月的季度实现了43.8亿美元的营收,超过了Zacks Consensus Estimate的6.88%[3] MGM股价走势 - MGM股价的未来走势将取决于管理层在财报电话会议上的评论[4]
MGM China Reports 2023 Annual Results
Prnewswire· 2024-02-14 06:32
Record-High Performance Across Segments  Growth in Market Share and Margin HONG KONG, Feb. 13, 2024 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three and 12 months ended December 31, 2023. The Group is pleased to see a solid recovery in Macau since the market reopened in the beginning of last year. Macau saw average daily visitor arrival for 202 ...
MGM Resorts' (MGM) BetMGM Revenues Increase Y/Y in 2023
Zacks Investment Research· 2024-02-09 23:21
BetMGM财务表现 - BetMGM在2023财年表现强劲,净收入同比增长36%,达到19.6亿美元,主要受数字运营同州净收入增长14%的推动[2] - BetMGM虽然在2023全年预计EBITDA亏损约6700万美元,但在年底实现了EBITDA的正值,展现出朝着盈利的有希望的轨迹[4] iGaming和在线体育博彩绩效 - iGaming和在线体育博彩的关键绩效指标显示出明显改善,包括平均每月活跃用户、首次存款者、持有百分比、奖金水平和每个活跃用户的净游戏收入[3]
BetMGM and X Sign Exclusive Sports Betting Partnership
Prnewswire· 2024-02-09 22:30
Unprecedented connection between social media and sports betting integrates BetMGM exclusively into major social media platform JERSEY CITY, N.J., Feb. 9, 2024 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, today announced a strategic partnership with X, becoming the social media platform's exclusive Live Odds Sports Betting partner. The first-of-its-kind partnership between a premier social media brand and a sports betting operator will integrate BetMGM's odds and branding into X, w ...
Countdown to MGM (MGM) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Zacks Investment Research· 2024-02-08 23:21
Wall Street analysts forecast that MGM Resorts (MGM) will report quarterly earnings of $0.66 per share in its upcoming release, pointing to a year-over-year decline of 4.4%. It is anticipated that revenues will amount to $4.08 billion, exhibiting an increase of 13.5% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timefr ...
BETMGM FY23 UPDATE: FY23 NET REVENUE FROM OPERATIONS OF $1.96 BILLION AT TOP END OF GUIDANCE
Prnewswire· 2024-02-08 22:00
Positive EBITDA in the Second Half of 2023 LAS VEGAS, Feb. 8, 2024 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") is today providing an update on performance for FY 2023. BetMGM delivered a strong FY 2023 financial performance (based on unaudited results) Net revenue from operations grew 36% year over year to $1.96 billion1, at the up ...
The NFL in Vegas: What players can and can't do in the once-forbidden city
Market Watch· 2024-02-07 01:51
It was just nine years ago that the NFL barred then-Dallas Cowboys quarterback Tony Romo from hosting a fantasy sports convention in Las Vegas because it would have taken place at a space adjacent to a casino. The NFL treated Las Vegas, the most concentrated hub of legal gambling in the U.S., like a toxic waste dump and a threat to the integrity of the sport. “There was always a Berlin Wall separating the NFL from gambling,” says longtime NFL agent Leigh Steinberg.That, of course, changed with a 2018 Suprem ...
MGM Resorts (MGM) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release
Zacks Investment Research· 2024-02-07 00:06
MGM财报预期 - MGM度过了2023年12月季度,市场预期其营收增长的同时,盈利将出现同比下降[1] - 报告发布日期为2月13日,如果关键数据超过预期,股价可能上涨;反之,可能下跌[2] - 分析师们对MGM的季度盈利预期为每股0.66美元,同比下降4.4%,预计营收将达到40.8亿美元,同比增长13.5%[4]
ENTAIN AND MGM RESORTS INTERNATIONAL
Prnewswire· 2024-02-06 22:00
Notice of BetMGM FY 2023 update LAS VEGAS, Feb. 6, 2024 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will release an update on BetMGM's FY 2023 performance at 9:00am EST on Thursday, February 8, 2024.  Upcoming dates- 202413th February   MGM Resorts International Q4 and FY 2023 Results7th March         Entain Group FY 2023 Results Abo ...