MGM Resorts' Q1 Earnings & Revenues Beat Estimates, Stock Up

MGM Resorts International (MGM) reported first-quarter 2025 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom lines declined from the prior-year quarter’s level.Management remains optimistic about the outlook for the rest of 2025, supported by strong forward bookings and expectations for record hotel performance in April on the Las Vegas Strip. The company stated progress on the $200 million EBITDA enhancement plan and expects more than$150 million to be reali ...