MGM Resorts Intl (NYSE:MGM) reported its Q1 earnings results on Monday, May 2, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
MGM Resorts Intl beat estimated earnings by 114.29%, reporting an EPS of $0.01 versus an estimate of $-0.07.
Revenue was up $1.21 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 2.99% drop in the share price the next day.
Here's a look at MGM Resorts Intl's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.02 | -0.01 | -0.44 | -0.85 |
| EPS Actual | 0.12 | 0.03 | -0.13 | -0.68 |
| Revenue Estimate | 2.78B | 2.48B | 2.09B | 1.59B |
| Revenue Actual | 3.06B | 2.71B | 2.27B | 1.65B |
To track all earnings releases for MGM Resorts Intl visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
