MGM Resorts International (MGM)
| Previous close | 39.75 |
| Open | 38.92 |
| Bid | 42.70 x 900 |
| Ask | 42.90 x 1300 |
| Day's range | 41.63 - 43.50 |
| 52-week range | 34.12 - 51.35 |
| Volume | |
| Avg. volume | 3,745,509 |
| Market cap | 13.235B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 13.09 |
| EPS (TTM) | 3.19 |
| Earnings date | 31 July 2024 - 05 Aug 2024 |
| Forward dividend & yield | 0.01 (0.03%) |
| Ex-dividend date | 08 Dec 2022 |
| 1y target est | 55.33 |
- Yahoo Finance Video
Carvana, Ebay, MGM Resorts: After hour movers
Shares of Carvana (CVNA) are surging after hours on Wednesday as the company posted its first quarter earnings, revealing it surpassed Wall Street expectations with revenue of $3 billion against an expected $2.68 billion. In addition, CEO Ernest Garcia III claimed the company delivered the best results in its history. Shares of eBay (EBAY) are sliding after the company posted its first quarter earnings, beating Wall Street expectations on both the top and bottom line but missing on expectations for its second quarter forecast. MGM Resorts (MGM) stock rises as the company beat Wall Street expectations on the top and bottom line with its first quarter earnings. The company's success is partly due to boosted revenue from its segment in China, growing almost 70% year-over-year. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
- Reuters
US STOCKS-Wall St set to open higher as Fed allays rate-hike concerns
U.S. stocks were poised for a higher open on Thursday, a day after the Federal Reserve left interest rates unchanged and allayed worries around potential rate hikes, with focus moving to a spate of earnings reports through the day. While Fed Chair Jerome Powell indicated that stubbornly high inflation would see a long-expected U.S. rate cut pushed back, he refused to entertain talk that rates might actually need to go up again. On Wednesday, U.S. stocks initially rose, but the S&P 500 and the Nasdaq closed lower for the day after the Fed decision.
Barrons.comMGM Stock Rises as Wall Street Praises Earnings. There’s ‘Momentum in Macau.’
The hotel and casino operator MGM Resorts International posted strong revenue and earnings in the first quarter thanks to a surge of business in China. Late Wednesday, MGM reported adjusted earnings of 74 cents for the three months ended March, ahead of the 56 cents expected by analysts surveyed by FactSet Net revenue grew 13%, to $4.4 billion, beating the $4.24 billion consensus. Management attributed the outperformance to demand at higher-end properties in Las Vegas and a recovery at MGM China where revenue grew by 71% in the current quarter to $1.1 billion versus the prior year quarter.
