MGM Resorts' Q3 Earnings Miss Estimates, Revenues Increase Y/Y

MGM Resorts International (MGM) reported third-quarter 2024 results, with earnings and revenues missing the Zacks Consensus Estimate. The top line increased year over year while the bottom line declined from the prior-year's quarter figure. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. During the quarter, the company reported sequential improvements in Las Vegas, driven by growth in Average Daily Rate and occupancy levels. The company emphasized advancements in digital investment ...