MGM RESORTS INTERNATIONAL REPORTS FOURTH QUARTER AND FULL YEAR 2022 FINANCIAL AND OPERATING RESULTS

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MGM Resorts (MGM) Misses Q4 EPS by 6c, Revenue Beats, Approves $2B Buyback but Suspends Dividend

February 8, 2023 4:18 PM EST

MGM Resorts (NYSE: MGM) reported Q4 EPS of ($1.53), $0.06 worse than the analyst estimate of ($1.47). Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.34 billion.

On February 8, 2023, the Company announced that its Board of Directors had authorized a new $2.0 billion share... More