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MGM Resorts Earnings: Strong Revenue Growth Expected

MGM Resorts is expected to announce strong Q4 earnings with a 15.1% YoY increase in revenue. Analysts are optimistic about the company's potential for growth and positive momentum in the consumer discretionary sector.

by Mark Eisenberg
Mon, Feb 12, 2024 4:07pm
in Business
• 2 mins read
13.9k
MGM Resorts Earnings: Strong Revenue Growth Expected | FinOracle

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MGM Resorts Expects Strong Revenue Growth in Q4 Earnings Report

MGM Resorts, a leading hospitality and casino entertainment company, is set to announce its fourth-quarter earnings tomorrow afternoon. Analysts are predicting impressive revenue growth for the company, with expectations of a 15.1% year-on-year increase to $4.14 billion. This follows a strong performance in the previous quarter, where MGM Resorts reported revenues of $3.97 billion, beating analyst expectations by 2%.

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