Consumer Discretionary·Casinos & Gaming·$10.1B
MGM Resorts International (MGM) operates a portfolio of casinos and hotels, primarily in the U.S. and Macau....
Earnings Per Share (EPS)
EPS is a crucial measure of profitability, indicating how much money the company makes per share of stock.
Revenue
Revenue reflects the total income generated from operations, which is vital for assessing the company's growth and market demand.
Wall Street expectations, options signals, track record, and call prep available with Pro.
EPS Beat Streak
1Q
EPS Beat Rate
75%
Avg EPS Surprise
+37.46%
Avg Stock Reaction
-0.47%
In Q4 2025, MGM reported an EPS of $1.60, significantly beating estimates of $0.64, indicating strong performance. However, the stock fell 1.76% the following day, suggesting mixed investor sentiment despite the earnings surprise.
Management Promises & Guidance
Analysts expect MGM to report strong earnings driven by increased consumer spending and tourism recovery. However, there are concerns about potential cost pressures and competition in the gaming sector.
Bull Case
If MGM exceeds EPS expectations and shows robust revenue growth, it could signal a strong recovery in consumer spending and tourism, boosting investor confidence.
Bear Case
If MGM misses EPS estimates or reports lower-than-expected revenue, it may raise concerns about ongoing cost pressures and competition, leading to a negative market reaction.
Earnings Per Share (EPS)
$0.52EPS is a crucial measure of profitability, indicating how much money the company makes per share of stock.
Revenue
$4.4BRevenue reflects the total income generated from operations, which is vital for assessing the company's growth and market demand.
The print will turn on these two things.
Q1
Will MGM's EPS exceed the consensus estimate of $0.52?
A beat on EPS would indicate stronger profitability and could boost investor confidence, especially after the previous quarter's significant surprise.
Q2
What are the revenue expectations for this quarter, particularly in relation to the $4.4B consensus?
Revenue performance is critical to understanding the company's growth trajectory and its ability to capitalize on consumer spending trends.
Why consensus could be wrong
The Street may be underestimating MGM's ability to leverage its recent investments in customer experience and digital gaming, which could drive higher revenue growth than anticipated.
Supporting Evidence
MGM's recent focus on enhancing customer experience may lead to increased repeat visits and spending.
The company's expansion into digital gaming could capture a growing market segment, boosting revenue.
Historical trends show that MGM has a strong track record of exceeding EPS expectations, suggesting potential upside.
Key Risk
If MGM's digital initiatives significantly outperform expectations, it could challenge the consensus view on revenue growth.
Pre-commit to what would confirm each case.
The market is debating whether MGM can sustain its recent earnings momentum amid rising costs and competitive pressures.
Bull Confirmed If
An EPS of $0.60 or higher would confirm the bull case, indicating strong operational performance.
Bear Confirmed If
An EPS below $0.40 would confirm the bear case, raising concerns about profitability and market conditions.
Implied Move
±4.2%
The options market is pricing in a moderate move for MGM's stock following the earnings report, indicating uncertainty among investors.
Likely market behavior by outcome — not investment advice.
Beat & Raise
If MGM beats expectations, history suggests the stock could see a modest increase, confirming a positive outlook for the company.
In-Line / Cautious
If results are in line with expectations, the stock may see limited movement, with management commentary playing a crucial role in shaping investor sentiment.
Miss
If MGM misses estimates, history suggests a potential decline in stock price, reflecting investor disappointment and concerns over future performance.
AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.
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VERIZON COMMUNICATIO
Apr 27, 2026