Overview

* MGM Resorts Q2 2025 revenue of $4.4 bln beats analyst expectations, per LSEG data

* Adjusted EPS for Q2 2025 beats consensus, per LSEG data

* Co in Q2 repurchased 8 mln shares, reducing shares outstanding by 45% since 2021

Outlook

* BetMGM aims for $500 mln in EBITDA in future

* MGM Digital expected to become profitable in coming years

* Company on track to implement $150 mln in EBITDA enhancements within the year

Result Drivers

* RECORD REVENUE - MGM Resorts ( MGM ) achieved record consolidated net revenues driven by MGM China and regional operations

* BETMGM GROWTH - BetMGM venture reported strong revenue and EBITDA growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $4.40 $4.31

Revenue bln bln (18

Analysts

)

Q2 Beat $0.79 $0.51

Adjusted (11

EPS Analysts

)

Q2 EPS $0.18

Q2 Net $49 mln

Income

Q2 Miss $648 mln $1.17

Adjusted bln (17

EBITDAR Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 8 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the casinos & gaming peer group is "buy"

* Wall Street's median 12-month price target for MGM Resorts International ( MGM ) is $48.00, about 22.1% above its July 29 closing price of $37.41

* The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)