MGM Resorts International Reports Fourth Quarter And Full Year Financial And Operating Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
MGM Resorts (MGM) Misses Q4 EPS by 18c
February 12, 2020 4:59 PM ESTMGM Resorts (NYSE: MGM) reported Q4 EPS of $0.08, $0.18 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $3.185 billion versus the consensus estimate of $3.19 billion.
Fourth Quarter 2019 Financial Highlights:
Consolidated Results
Consolidated net revenues increased 4% compared to the prior year quarter to $3.2 billion;Consolidated operating income increased to $3.0 billion compared to $336 million in the prior year quarter. The current year quarter included a $2.7 billion gain related to the Bellagio real estate transaction;Net income attributable to MGM Resorts of $2.0 billion, including the $2.7 billion gain... More