financetom
Business
financetom
/
Business
/
MGM Resorts Q1 Adjusted Earnings, Revenue Increase
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
MGM Resorts Q1 Adjusted Earnings, Revenue Increase
May 1, 2024 2:32 PM

05:00 PM EDT, 05/01/2024 (MT Newswires) -- MGM Resorts International ( MGM ) reported Q1 adjusted earnings late Wednesday of $0.74 per diluted share, up from $0.44 a year earlier.

Analysts surveyed by Capital IQ expected $0.58.

Revenue for the quarter ended March 31 was $4.38 billion, up from $3.87 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.23 billion.

Shares of the company rose about 1.7% in after-hours trading.

Price: 40.49, Change: +0.74, Percent Change: +1.86

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--Donaldson Raises Quarterly Dividend 8% to $0.27 Per Share, Payable June 28 to Shareholders of Record on June 17
--Donaldson Raises Quarterly Dividend 8% to $0.27 Per Share, Payable June 28 to Shareholders of Record on June 17
May 31, 2024
02:27 PM EDT, 05/31/2024 (MT Newswires) -- Price: 72.95, Change: +0.31, Percent Change: +0.43 ...
Looking At Cisco Systems's Recent Unusual Options Activity
Looking At Cisco Systems's Recent Unusual Options Activity
May 31, 2024
Deep-pocketed investors have adopted a bearish approach towards Cisco Systems ( CSCO ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CSCO usually suggests something big is about to happen. We gleaned this information...
Saudi Arabia invites OPEC+ ministers to Riyadh for June 2 meeting, sources say
Saudi Arabia invites OPEC+ ministers to Riyadh for June 2 meeting, sources say
May 31, 2024
* Group working on complex deal for 2024-2025, sources say * Kazakhstan's minister travelling to Riyadh, adviser says * OPEC+ still officially schedules meeting as online gathering (Adds details, quotes from source and analysts, from paragraph 3) By Ahmad Ghaddar, Olesya Astakhova and Maha El Dahan LONDON, May 31 (Reuters) - Saudi Arabia has invited OPEC+ oil ministers to Riyadh...
What's Going On With Ulta Beauty Stock Friday?
What's Going On With Ulta Beauty Stock Friday?
May 31, 2024
Ulta Beauty, Inc. ( ULTA ) shares are volatile Friday following better-than-expected earnings results for the first quarter. Here’s a look at what’s going on. What To Know: Ulta reported financial earnings for the first quarter of fiscal-year 2024 after the market close on Thursday. The company reported EPS of $6.47 which came in ahead of analyst estimates of $6.22....
Copyright 2023-2026 - www.financetom.com All Rights Reserved