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Compared to Estimates, MGM (MGM) Q4 Earnings: A Look at Key Metrics
MGMMGM Resorts International(MGM) ZACKS·2025-02-13 00:01

Core Insights - MGM Resorts reported revenue of 4.35billionforthequarterendedDecember2024,adecreaseof0.74.35 billion for the quarter ended December 2024, a decrease of 0.7% year-over-year, with EPS at 0.45 compared to 1.06inthesamequarterlastyear[1]−TherevenueexceededtheZacksConsensusEstimateof1.06 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of 4.28 billion by 1.50%, while the EPS surpassed the consensus estimate of 0.32by40.630.32 by 40.63% [1] Financial Performance Metrics - Las Vegas Strip Resorts' slots handle was 6,841 million, exceeding the two-analyst average estimate of 6,385.66million[4]−TablegamesdropforLasVegasStripResortswas6,385.66 million [4] - Table games drop for Las Vegas Strip Resorts was 1,599 million, slightly below the average estimate of 1,620.98million[4]−TotalrevenuesforLasVegasStripResortswere1,620.98 million [4] - Total revenues for Las Vegas Strip Resorts were 2.22 billion, matching the average estimate based on five analysts, but representing a year-over-year decline of 6.2% [4] - MGM China generated revenues of 1.02billion,surpassingtheestimated1.02 billion, surpassing the estimated 969.45 million, reflecting a year-over-year increase of 3.7% [4] - Total regional operations revenues were 931.56million,exceedingtheaverageestimateof931.56 million, exceeding the average estimate of 915.49 million, with a year-over-year growth of 6.7% [4] - Adjusted Property EBITDA for Total Las Vegas Strip Resorts was 765.43million,abovetheaverageestimateof765.43 million, above the average estimate of 754.40 million [4] - Adjusted Property EBITDA for Total Regional Operations was 281.09million,exceedingtheestimated281.09 million, exceeding the estimated 269.79 million [4] - Adjusted Property EBITDA for MGM China was 254.72million,surpassingtheaverageestimateof254.72 million, surpassing the average estimate of 248.07 million [4] - Adjusted Property EBITDA for unconsolidated resorts/affiliates was -39.33million,betterthantheestimated−39.33 million, better than the estimated -42.92 million [4] - Adjusted Property EBITDA for management and other operations was 0.97million,significantlybetterthantheestimated−0.97 million, significantly better than the estimated -8.61 million [4] - Adjusted Property EBITDA for corporate was -119.14million,worsethantheaverageestimateof−119.14 million, worse than the average estimate of -109.45 million [4] Stock Performance - MGM shares returned +3.5% over the past month, compared to the Zacks S&P 500 composite's +4.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]