Revenue segments as reported by the company.

Casino

Rooms

Food and beverage

Entertainment, retail and other

Reimbursed costs

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

General and administrative

Corporate expense

Depreciation and amortization

Income from unconsolidated affiliates

Property transactions, net

Preopening and start-up expenses

Gain on REIT transactions, net

Gain on consolidation of CityCenter, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

MGM Resorts

Mandalay Bay is a 43-story luxury resort and casino on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by MGM Resorts International. One of the property's towers operates as the Delano; the Four Seasons Hotel is independently operated within the Mandalay Bay tower, occupying 5 floors (35–39).

Mandalay Bay

Bellagio  is a resort, luxury hotel and casino on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by MGM Resorts International and was built on the site of the demolished Dunes hotel and casino. Inspired by the Lake Como town of Bellagio in Italy, Bellagio is famed for its elegance. One of its most notable features is an 8-acre (3.2 ha) lake between the building and the Strip, which houses the Fountains of Bellagio, a large dancing water fountain synchronized to music.

Bellagio

Circus Circus Las Vegas is a hotel, 123,928 sq ft (11,513.3 m2) casino, and RV park located on the Las Vegas Strip in Winchester, Nevada. It is owned and operated by MGM Resorts International. Circus Circus features circus acts and carnival type games daily on the Midway.

Circus Circus Las Vegas

The Mirage is a 3,044 room Polynesian-themed resort and casino resort located on the Las Vegas Strip in Paradise, Nevada, United States. The resort was built by developer Steve Wynn and is currently owned and operated by MGM Resorts International.

The Mirage

The MGM Grand Las Vegas (formerly Marina and MGM-Marina) is a hotel and casino located on the Las Vegas Strip in Paradise, Nevada. The MGM Grand is the largest single hotel in the United States with 6,852 rooms. It is also the third-largest hotel complex in the world by number of rooms and second-largest hotel resort complex in the United States behind the combined The Venetian and The Palazzo. When it opened in 1993, the MGM Grand was the largest hotel complex in the world.

MGM Grand Las Vegas

Excalibur Hotel and Casino is a hotel and casino located on the Las Vegas Strip in Paradise, Nevada, in the United States. It is owned and operated by MGM Resorts International. Excalibur, named for the mythical sword of King Arthur, uses the Medieval theme in several ways. Its facade is a stylized image of a castle. Until 2007, a wizard-like figure representing Merlin looked out from a high turret (since replaced by a figure advertising Dick's Last Resort). Excalibur is situated at the Tropicana - Las Vegas Boulevard intersection. The hotel is linked by overhead pedestrian bridges to neighboring casinos to the north (New York-New York, across Tropicana Avenue) and to the east (Tropicana, across the Strip). A free tram connects Excalibur to its sister MGM Resorts International properties to the south, Luxor and Mandalay Bay.

Excalibur

MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts. The firm's casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. It operates through the following business segments: Las Vegas Strip Resorts, Regional Operations and MGM China. The Las Vegas Strip Resorts segment consists of the following casino resorts: Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, New York-New, Excalibur, Park MGM, and Circus Las Vegas. The Regional Operations segment consists of the following casino resorts: MGM Grand Detroit in Detroit, Michigan, Beau Rivage in Biloxi, Mississippi, Gold Strike Tunica in Tunica, Mississippi, Borgata in Atlantic City, New Jersey, MGM National Harbor in Prince George’s County, Maryland, and MGM Springfield in Springfield, Massachusetts. The MGM China segment consists of MGM Macau and MGM Cotai. The company was founded by Kerkor Kerkorian on January 29, 1986, and is headquartered in Las Vegas, NV.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

MGM Resorts posts record Q4 earnings, eyes growth opportunities

MGM Resorts delivered strong financial performance driven by record EBITDAR and room night growth.
The company's diverse portfolio and strategic initiatives position it well for future growth.
Challenges include dividend suspension, operational metrics scrutiny, and project uncertainties.
Opportunities lie in continued growth in Macau, digital ventures, and capital allocation strategy.

MGM Resorts reports robust Q1 performance and eyes global expansion

MGM Resorts demonstrated resilience and growth potential across regions, with a focus on profitability and sustained market share.
Strategic investments in property enhancements and digital gaming aim to drive revenue and attract diverse customer segments.
Balanced financial position enables MGM to pursue growth opportunities and navigate potential challenges effectively.
Overall, MGM's performance outlook is positive, with a strong emphasis on market expansion and operational efficiency.

MGM Resorts posts record revenues and BetMGM on track for profitability

MGM Resorts delivered strong financial results, with a focus on margin improvement, digital investments, and strategic acquisitions. BetMGM's positive trajectory towards profitability and loyalty program enhancements driving revenue growth. Challenges include regional revenue variations and competitive pressures in Macau.

MGM Resorts reports record Q3 revenue amidst cybersecurity challenges

MGM Resorts showcased strong financial performance in Q3 2023, driven by record revenues in MGM China and BetMGM, despite short-term challenges.
The company's strategic focus on reducing leverage, growing free cash flow, and prioritizing share repurchases positions it well for future growth and profitability.
Opportunities in gaming expansion in Dubai, iGaming markets, and strategic partnerships offer avenues for revenue diversification and market expansion.
Efficient management of challenges like cybersecurity issues, labor negotiations, and inflationary impacts demonstrates MGM's resilience and adaptability.

MGM Resorts achieves record Q4 results, eyes digital expansion

MGM Resorts' strong performance in 2023 sets a positive tone for 2024, with a focus on innovation, strategic expansion, and event-driven growth. While challenges exist, the company's proactive approach to opportunities positions it well for continued success.

MGM Resorts achieves record Q1 earnings, eyes global expansion

MGM Resorts delivered a standout performance in Q1 2024, driven by strong results in Las Vegas and MGM China. The company's focus on digital expansion, strategic financial decisions, and potential market expansions position it for continued growth and shareholder value creation.

MGM Resorts reports strong Q2 performance driven by luxury and digital growth

MGM Resorts' Q2 performance reflects a balanced growth strategy with a focus on luxury resorts and digital initiatives
Strong partnerships, profitability in BetMGM, and plans for share repurchases signal a positive outlook for the company
While facing challenges in a competitive market, MGM's strategic investments and focus on cash flow generation position it for future success

MGM Resorts reports record Q3 performance and outlines growth strategies

MGM Resorts delivered a robust performance in Q3, driven by record revenues and EBITDAR across segments, showcasing operational strength
BetMGM's success in profitability and online gaming highlights its strategic positioning in the digital market landscape
Challenges include managing expenses, regulatory compliance, and sustaining growth momentum amidst industry competition
Future opportunities center on strategic expansion, market diversification, and innovation to drive sustained value creation

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Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Boeing

Cytek Biosciences

JAKKS Pacific

US stocks closed mixed on Wednesday following the release of minutes from the recent Federal Reserve meeting. Investors, meanwhile, focused on some notable insider trades.

Boeing And 3 Other Stocks Bought By Insiders

Cleveland-Cliffs

EVgo

Freeport-McMoRan

Inmode Ltd

Luckin Coffee

Cheniere Energy

Investors are scared of inflation and rising interest rates, but these hot stocks have done well for awhile and should continue to do so. The post 7 Hot Stocks to Buy for a Cold Market appeared first on InvestorPlace.

7 Hot Stocks to Buy for a Cold Market

IAC/InterActiveCorp

MGM Resorts International MGM, +1.04% and IAC/InterActive Corp. IAC, +0.55% have announced a plan to each purchase 4.5 million shares of MGM Resorts stock from Corvex Management LP for a total of $405.0 million, or $202.5 million each. The two companies are purchasing the stock for $45 per share.

MGM Resorts and IAC to each purchase 4.5 million shares of MGM Resorts stock for $202.5 million each

LAS VEGAS, Feb. 14, 2022 /PRNewswire/ -- MGM Resorts International (the "Company" or "MGM Resorts") (NYSE: MGM) and IAC (NASDAQ: IAC) today announced that they will each purchase 4.5 million shares of MGM Resorts' common stock from Corvex Management LP ("Corvex") at $45 per share, for a total aggregate amount of $405 million, or $202.5 million each. "Today's announcement is a testament to the confidence we have in the long-term trajectory of our business and reflects the commitment we have to our capital allocation strategy, which includes returning cash to shareholders and maintaining a strong balance sheet," said Jonathan Halkyard, Chief Financial Officer and Treasurer of MGM Resorts International.

MGM RESORTS INTERNATIONAL AND IAC ANNOUNCE AGREEMENT TO PURCHASE 9M SHARES OF MGM RESORTS COMMON STOCK FROM CORVEX MANAGEMENT LP

Disney

Mattel

Within the past week, 39 S&P 500 companies surpassed the consensus expectation of bottom-line performance. Most of the beats were of the garden variety— 10%, 20%, or 30% above the Street.

Why These 3 Companies Crushed Earnings

Caesars Entertainment

Penn Entertainment

Wynn Resorts

Earnings season started off with a bang in the casino industry.

Why Casino Stocks Jumped This Week

Coinbase

DraftKings

Flutter Entertainment PLC

With the Super Bowl incoming, many eyes are already looking toward the big game. Here are the top sports betting stocks to buy.

5 Sports Betting Stocks to Buy Before a Record-Setting Super Bowl

SAN JUAN, Puerto Rico, Feb. 11, 2022 /PRNewswire/ -- Sports betting is officially live in Puerto Rico at Casino del Mar at La Concha Resort. BetMGM, a leading sports betting and iGaming company, announced today the launch of the island's first regulated sports betting platform.

BetMGM and Casino del Mar at La Concha Resort Launch Sports Betting in Puerto Rico

MGM Resorts International MGM reported its fourth-quarter revenues and margins ahead of Street expectations, with the beat being driven by its Las Vegas performance. Morgan Stanley On MGM Resorts

MGM Resorts: Why These Analysts Remained On The Sidelines Despite Strong Q4

MGM Resorts (MGM) fourth-quarter 2021 results benefit from the elimination of mandated operational as well as capacity restrictions and an increase in travel.

MGM Resorts (MGM) Stock Gains on Q4 Earnings & Revenues Beat

Resumption of coverage follows a strong quarter by the gambling company

MGM Stock Is a Buy as a Broad Recovery Play, Citi Says. Price Target: $57.

MGM Resorts International (MGM) CEO William Hornbuckle on Q4 2021 Results - Earnings Call Transcript

MGM (MGM) delivered earnings and revenue surprises of 500% and 10.47%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

MGM Resorts (MGM) Q4 Earnings and Revenues Surpass Estimates

HONG KONG, Feb. 9, 2022 /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 months and 12 months ended December 31, 2021 (the "Year"). Despite the ongoing impact of the COVID-19 pandemic in 2021, Macau has been seeing a gradual recovery.

MGM China Reports 2021 Annual Results

LAS VEGAS, Feb. 9, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter and year ended December 31, 2021. "Our record fourth quarter results are a testament to our talented team across the globe, our sharpened focus on operational efficiency and the proven resiliency of demand for the service and experiences that we provide at MGM Resorts," said Bill Hornbuckle, Chief Executive Officer and President of MGM Resorts International.

MGM RESORTS INTERNATIONAL REPORTS FOURTH QUARTER AND FULL YEAR 2021 FINANCIAL AND OPERATING RESULTS

MGM Resorts stock (NYSE: MGM) has retained its valuation despite a downtrend in the conventional casino and the nascent sport betting industry. Notably, the shares of MGM's immediate competitors, including Las Vegas Sands and Wynn Resorts, are trading 30% below the highs observed in March 2021.

Are Odds In Favor Of MGM Resorts?

Twenty-First Century Fox

Uber

Markets closed flat to lower on Monday, primarily due to some heavy last-minute selling.

Earnings Previews: Disney, Fox, MGM Resorts, Uber

MGM Resorts' (MGM) fourth-quarter 2021 performance is likely to reflect gains from pent-up consumer demand, rise in casino spend levels and improvements in group business.

Factors Setting the Tone for MGM Resorts' (MGM) Q4 Earnings

Rush Street Interactive

The highly anticipated launch of online sports betting kicked off in the state of New York in January. In only three weeks, New York is already breaking records for the sports betting industry.

New York Breaks State Online Sports Betting Record In 3 Weeks: The Early Winners And What's Next

JERSEY CITY, N.J. , Feb. 2, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, today announced the launch of BetMGM Rewards, delivering the perks of a world-class loyalty rewards program into the gaming world.

BetMGM Debuts New Loyalty Rewards Program Delivering Real-World Experiences for BetMGM Customers

LAS VEGAS, Feb. 1, 2022 /PRNewswire/ -- Today, MGM Resorts officially launches MGM Rewards , its new loyalty rewards program, offering enhanced benefits and new ways to earn for its millions of members worldwide. For the first time, non-gaming members will join their gaming counterparts and earn a currency - MGM Rewards Points - redeemable for complimentary dining, entertainment, hotel stays and much more.

MGM REWARDS LAUNCHES NATIONWIDE TODAY, EXPANDING WAYS TO EARN AND REDEEM AT MGM RESORTS' 20+ US DESTINATIONS

Boyd Gaming

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These are the sports betting stocks with the best value, fastest growth, and most momentum for Q1 2022.

Top Sports Betting Stocks for Q1 2022

WASHINGTON, Jan. 31, 2022 /PRNewswire/ -- BetMGM and the Washington Nationals announced today the opening of the first retail sportsbook connected to a Major League Baseball stadium. The BetMGM Sportsbook at Nationals Park is open year-round, providing sports fans an innovative entertainment destination to watch and wager on games.

BetMGM Retail Sportsbook Officially Opens at Nationals Park in Washington, D.C.

MGM Resorts International has already recuperated from its pre-pandemic price, rising to its current $40.62 per share from $31.39 on February 17, 2020. MGM and its competitors were negatively affected by the Covid-19 pandemic in their physical properties.

MGM Resorts International: Why Buying The Stock Is Not Gambling Your Money Away

JERSEY CITY, N.J.  , Jan. 28, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, today launched its online sports betting platform in Louisiana, giving customers access to a wide variety of betting options as well as experiences at MGM Resorts' Beau Rivage Resort & Casino in Mississippi.

News for MGM Resorts Stock (MGM)