MGM - MGM Resorts Posts Better-Than-Expected Q1 Results | Benzinga
MGM Resorts International (NYSE:MGM) reported its first-quarter financial results after the bell Wednesday. Here's a look at the highlights.
The Details: MGM Resorts reported quarterly earnings of 74 cents per share which beat the analyst consensus estimate of 56 cents by 32.14%.
Quarterly sales clocked in at $4.383 billion, beating the analyst consensus estimate of $4.236 billion by 3.48% and representing a 13.16% increase over sales of $3.873 billion from the same period last year.
MGM said consolidated net revenues increased 13% compared to the ...