If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider MGM Resorts (MGM) . This company, which is in the Zacks Gaming industry, shows potential for another earnings beat.When looking at the last two reports, this casino and resort operator has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 37.10%, on average, in the last two quarters ...

Core Insights - MGM Resorts International has experienced a strong Q2 2025, meeting several operational criteria for rerating [1] Financial Performance - The company reported significant operational improvements in Q2 2025, indicating a positive trend in financial performance [1] Analyst Background - The analysis is conducted by a seasoned stock analyst with over 20 years of experience in quantitative research, financial modeling, and risk management, focusing on equity valuation and market trends [1]

Group 1 - MGM Resorts International reported a strong Q2 2025, meeting several operational criteria for rerating [1] - The company has a focus on equity valuation, market trends, and portfolio optimization to identify high-growth investment opportunities [1] - The research approach combines rigorous risk management with a long-term perspective on value creation, emphasizing macroeconomic trends and corporate earnings [1]

Core Insights - Kalshi has made significant waves in the sports betting sector, setting a new trading record of over $260 million last Saturday and surpassing $275 million on Sunday, breaking its previous record of $245 million set on the 2024 election day [1] - The majority of Kalshi's trading volume, approximately 98%, is derived from college and professional football events, despite other sporting and political events occurring simultaneously [1] - The trading volume for the game between the Green Bay Packers and the Dallas Cowboys reached $57.2 million, marking it as the highest trading volume for a single game in history [1] Industry Impact - The surge in Kalshi's trading activity led to a significant drop in the U.S. stock market for gambling companies, with DraftKings falling 12%, Flutter Entertainment over 10%, and other companies experiencing declines ranging from 5% to nearly 9% [2] - Analyst David Bain from Texas Capital Securities believes that investor concerns regarding the sports betting industry are exaggerated, suggesting that the reported trading volume may not be as substantial as indicated, as the $540 million figure could include both buy and sell transactions [2] - Bain anticipates that many gambling companies will provide reassuring statements to investors at the upcoming G2E gaming exhibition in Las Vegas, viewing the current stock price declines as buying opportunities for online gambling stocks [3]

Financial Results Announcement - MGM Resorts International will release its financial results for the third quarter of 2025 after the market closes on October 29, 2025 [1] - A conference call will be held on the same day at 5:00 p.m. Eastern Time to discuss the results, followed by a Q&A session [1] Conference Call Access - The call can be accessed via the Internet or by phone, with specific numbers provided for domestic and international callers [2] - A replay of the call will be available until November 5, 2025, with access codes for replay provided [2] Company Overview - MGM Resorts International is a global gaming and entertainment company with a portfolio of 31 hotel and gaming destinations [3] - The company operates BetMGM, a sports betting and online gaming venture, and is expanding into Asia with a resort development in Japan [3] - MGM Resorts is recognized as one of FORTUNE Magazine's World's Most Admired Companies, emphasizing its commitment to sustainability and community impact [3] Leadership Changes - Ayesha Molino has been appointed as Chief Operating Officer, and Gary Fritz has been named Chief Commercial Officer and President of MGM Digital [6] - Corey Sanders, the current Chief Operating Officer, will retire after over 30 years of service [7]

MGM's proposal for a $2.3 billion expansion of its Empire City Casino in Yonkers, New York, will advance to a state board after clearing a key vote by a local advisory committee https://t.co/b37rHev5V2 ...

Core Insights - MGM Resorts International and Caesars Entertainment are the two largest casino operators on the Las Vegas Strip, operating a total of 18 casinos and having significant presence in other markets like Atlantic City and regional casinos [2] - Over the past five years, MGM stock has gained 55.25%, while Caesars stock has decreased by 53.85%, indicating a significant divergence in performance between the two companies [3] - Caesars has substantial outstanding liabilities of $12.27 billion, with potential savings of $60 million annually for every 100 basis points reduction in interest rates, highlighting its dependence on lower interest rates for financial health [5] Company-Specific Analysis - Caesars is currently not part of the S&P 500 Index and requires several favorable conditions to achieve investment success, indicating a complex investment landscape [4] - The company is considering asset sales to reduce debt, but the lack of cash buyers may hinder this process, as potential acquirers may be hesitant to finance purchases until interest rates decrease further [6] - A potential strategy for Caesars could involve spinning off its digital unit, which an analyst has suggested could be worth more than the entire company, reflecting management's frustration with the current share price [7] Investment Considerations - For risk-tolerant investors, Caesars may present an opportunity based on the potential for declining interest rates and corporate transactions [8] - MGM, on the other hand, may attract long-term investors due to its superior expansion prospects compared to Caesars [8]

Core Insights - MGM Resorts International is a significant player in the hospitality and gaming industry, with a market capitalization of approximately $9.5 billion [1][2] - The company is currently trading 18.3% below its 52-week high of $42.53, reached on October 29, 2024, and has underperformed compared to the Dow Jones Industrials Average [3][4] Performance Analysis - Over the past three months, MGM stock has gained 4.6%, while the Dow Jones Industrials Average has increased by 8.7% [3] - Year-to-date, MGM has shown marginal growth, contrasting with the Dow Jones' 8.8% increase, and has declined 5.6% over the past 52 weeks compared to the Dow Jones' 9.9% returns [4] - The stock has faced challenges due to weaker results in Las Vegas operations, room remodels, lower table-games performance, and increased competition from regional casinos [6] Technical Indicators - MGM's stock has shown resilience by remaining above the 200-day moving average since July, despite earlier underperformance [5] - The stock crossed above the 50-day moving average in late April, indicating a potential shift in momentum [5] Competitive Landscape - MGM has underperformed relative to its competitor, Las Vegas Sands Corp., which has seen a 3.3% increase year-to-date and a 26% rise over the past 52 weeks [7] - Despite the challenges, analysts maintain a moderately bullish outlook on MGM, with a consensus rating of "Moderate Buy" and a mean price target of $47.56, suggesting a potential upside of 36.8% from its last closing price [7]

Core Insights - MGM Resorts International has appointed Ayesha Molino as Chief Operating Officer and Gary Fritz as Chief Commercial Officer and President of MGM Digital, with Fritz starting immediately and Molino's appointment effective January 1, 2026 [1][2]. Leadership Changes - Ayesha Molino will succeed Corey Sanders, who is set to retire on December 31, 2025, after over 30 years with the company [2][11]. - Molino has a strong track record, having led ARIA to record EBITDAR, annual revenue, hotel and casino revenue, and guest satisfaction scores [2]. - Gary Fritz has been pivotal in advancing MGM's digital strategy, particularly with the BetMGM brand's expansion into international markets like Brazil [2][5]. Background of New Appointees - Ayesha Molino has been with MGM Resorts since January 2017, previously serving as Chief Counsel to former Senate Majority Leader Harry Reid [3]. - Molino holds a BA from the University of California, Riverside, and a JD from The George Washington University Law School [4]. - Gary Fritz has extensive experience in global strategy and expansion, having worked with companies like Expedia and McKinsey & Company [6]. Company Overview - MGM Resorts International is a global gaming and entertainment company with a portfolio of 31 hotel and gaming destinations [8]. - The company operates BetMGM, a leading sports betting and online gaming platform in North America, and is pursuing expansion in Asia, particularly in Japan [8].

Market Overview - The S&P 500 Index closed down -0.05%, the Dow Jones Industrials Index down -0.59%, while the Nasdaq 100 Index closed up +0.42% [1] - Stock indexes settled mixed as higher bond yields led to long liquidation in equities, with the 10-year T-note yield rising +5 basis points to 4.06% [2] - The University of Michigan US September consumer sentiment index fell -2.8 to a 4-month low of 55.4, which weighed on stock prices [5] Economic Indicators - The US consumer sentiment report for September was weaker than expected, contributing to a Fed-friendly outlook for interest rate cuts [3][9] - Markets are pricing in a 100% chance of a -25 basis point rate cut at the upcoming FOMC meeting, with an overall expectation of -70 basis points by year-end [6][9] Company Movements - Warner Bros Discovery (WBD) surged over +16% following reports of a potential acquisition bid from Paramount Skydance [13] - Tesla (TSLA) rose more than +7% after receiving approval for testing autonomous vehicles in Nevada [13] - Micron Technology (MU) increased over +4% on speculation of accelerated growth due to strong demand for AI chips [14] - Oracle (ORCL) fell more than -5% amid reports of insider backing for a competing acquisition bid [17] Sector Performance - Covid vaccine makers, including Moderna (MRNA) and BioNTech SE (BNTX), retreated over -7% following reports linking child deaths to Covid shots [16] - Home builders and suppliers faced declines due to rising T-note yields, with Builders FirstSource (BLDR) and Toll Brothers (TOL) down more than -2% [16]