MGM Resorts International (MGM) Q2 2018 Earnings Results

MGM Resorts Misses on EPS — Stock Up 1.61%

MGM Resorts reported a lower-than-expected EPS, which typically raises concerns among investors. However, the stock rose by 1.61%, likely driven by positive sentiments around management's long-term strategies and operational improvements. Investors may be weighing the potential for recovery despite the EPS miss.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.21	N/A	-18.26%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Overall, management acknowledged the current difficulties but remained hopeful about future growth. They emphasized their commitment to enhancing guest experiences.

Management highlighted ongoing challenges in the market but expressed confidence in long-term strategies.

They noted improvements in customer engagement and operational efficiencies.

MGM Resorts Misses on EPS — Stock Up 1.61%

Key numbers

Management commentary

MGM Resorts International

More earnings this week

MGM Resorts Misses on EPS — Stock Up 1.61%

Key numbers

Management commentary