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MGM Resorts International Earnings Calls
| Release date | Apr 29, 2026 |
| EPS estimate | $0.560 |
| EPS actual | $0.490 |
| EPS Surprise | -12.50% |
| Revenue estimate | 4.369B |
| Revenue actual | 4.455B |
| Revenue Surprise | 1.97% |
| Release date | Feb 05, 2026 |
| EPS estimate | $0.640 |
| EPS actual | $1.60 |
| EPS Surprise | 150.00% |
| Revenue estimate | 4.495B |
| Revenue actual | 4.605B |
| Revenue Surprise | 2.45% |
| Release date | Oct 29, 2025 |
| EPS estimate | $0.370 |
| EPS actual | $0.240 |
| EPS Surprise | -35.14% |
| Revenue estimate | 4.419B |
| Revenue actual | 4.25B |
| Revenue Surprise | -3.82% |
| Release date | Jul 30, 2025 |
| EPS estimate | $0.580 |
| EPS actual | $0.790 |
| EPS Surprise | 36.21% |
| Revenue estimate | 4.249B |
| Revenue actual | 4.405B |
| Revenue Surprise | 3.66% |
Last 4 Quarters for MGM Resorts International
Below you can see how MGM performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Jul 30, 2025 |
| Price on release | $37.88 |
| EPS estimate | $0.580 |
| EPS actual | $0.790 |
| EPS surprise | 36.21% |
| Date | Price |
|---|---|
| Jul 24, 2025 | $37.36 |
| Jul 25, 2025 | $38.44 |
| Jul 28, 2025 | $38.56 |
| Jul 29, 2025 | $37.41 |
| Jul 30, 2025 | $37.88 |
| Jul 31, 2025 | $36.45 |
| Aug 01, 2025 | $35.75 |
| Aug 04, 2025 | $35.51 |
| Aug 05, 2025 | $34.97 |
| 4 days before | 1.39% |
| 4 days after | -7.68% |
| On release day | -3.78% |
| Change in period | -6.40% |
| Release date | Oct 29, 2025 |
| Price on release | $31.21 |
| EPS estimate | $0.370 |
| EPS actual | $0.240 |
| EPS surprise | -35.14% |
| Date | Price |
|---|---|
| Oct 23, 2025 | $33.07 |
| Oct 24, 2025 | $32.81 |
| Oct 27, 2025 | $32.91 |
| Oct 28, 2025 | $31.95 |
| Oct 29, 2025 | $31.21 |
| Oct 30, 2025 | $30.72 |
| Oct 31, 2025 | $32.03 |
| Nov 03, 2025 | $32.13 |
| Nov 04, 2025 | $31.87 |
| 4 days before | -5.62% |
| 4 days after | 2.11% |
| On release day | -1.57% |
| Change in period | -3.63% |
| Release date | Feb 05, 2026 |
| Price on release | $36.28 |
| EPS estimate | $0.640 |
| EPS actual | $1.60 |
| EPS surprise | 150.00% |
| Date | Price |
|---|---|
| Jan 30, 2026 | $33.54 |
| Feb 02, 2026 | $33.49 |
| Feb 03, 2026 | $34.17 |
| Feb 04, 2026 | $36.93 |
| Feb 05, 2026 | $36.28 |
| Feb 06, 2026 | $37.49 |
| Feb 09, 2026 | $38.06 |
| Feb 10, 2026 | $37.36 |
| Feb 11, 2026 | $36.36 |
| 4 days before | 8.17% |
| 4 days after | 0.221% |
| On release day | 3.34% |
| Change in period | 8.41% |
| Release date | Apr 29, 2026 |
| Price on release | $39.27 |
| EPS estimate | $0.560 |
| EPS actual | $0.490 |
| EPS surprise | -12.50% |
| Date | Price |
|---|---|
| Apr 23, 2026 | $38.94 |
| Apr 24, 2026 | $39.54 |
| Apr 27, 2026 | $40.55 |
| Apr 28, 2026 | $39.74 |
| Apr 29, 2026 | $39.27 |
| Apr 30, 2026 | $38.94 |
| May 01, 2026 | $38.50 |
| May 04, 2026 | $38.24 |
| May 05, 2026 | $37.91 |
| 4 days before | 0.85% |
| 4 days after | -3.46% |
| On release day | -0.84% |
| Change in period | -2.65% |
MGM Resorts International Earnings Call Transcript Summary of Q1 2026
MGM reported a constructive Q1 2026 with consolidated revenue growth driven by strength in digital businesses and MGM China. Las Vegas net revenue grew year-over-year for the first time in over a year, supported by a strong group & convention quarter (record 1Q convention ADRs, catering/banquet revenue) and an early positive response to a new all‑inclusive package that is bringing many first‑time visitors. MGM Digital (LeoVegas, Sweden/UK) delivered double‑digit revenue growth and is moving toward profitability; BetMGM is prioritizing iGaming and margins while moderating sportsbook spend. MGM China grew net revenue 9% (market share was 15.4% for the quarter, 17.3% in March) though segment EBITDA was impacted by an increase in brand fees (1.75% → 3.5%). MGM Osaka (Japan) construction is on time and on budget for a 2030 opening. Financially, segment adjusted EBITDA was pressured by unusually high self‑insurance accruals and lower business interruption proceeds (noted as largely non‑operational items), and the company repurchased ~2.5M shares for $90M in the quarter. MGM closed the Northfield Park sale (6.6x trailing EBITDA) and says proceeds increase flexibility to redeploy capital, including accelerating buybacks. Management reiterated diversified growth, expects consolidated revenue growth of ~4% for the year, and remains cautiously optimistic on Las Vegas momentum into Q2, while monitoring litigation/self‑insurance exposure and targeted investment opportunities (Brazil, Japan, international digital expansion).
