MGM Resorts (MGM) Tops Q4 Earnings and Revenue Estimates

Core Insights - MGM Resorts reported quarterly earnings of $1.6 per share, significantly exceeding the Zacks Consensus Estimate of $0.64 per share, and up from $0.45 per share a year ago, representing an earnings surprise of +151.14% [1] - The company generated revenues of $4.61 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 3.63% and increasing from $4.35 billion year-over-year [2] Earnings Performance - Over the last four quarters, MGM has surpassed consensus EPS estimates three times and topped revenue estimates four times [2] - The current consensus EPS estimate for the upcoming quarter is $0.72, with expected revenues of $4.37 billion, while the estimate for the current fiscal year is $2.11 on revenues of $17.66 billion [7] Market Position and Outlook - MGM shares have increased by approximately 1.2% since the beginning of the year, outperforming the S&P 500's gain of 0.5% [3] - The Zacks Rank for MGM is currently 4 (Sell), indicating expectations of underperformance in the near future due to unfavorable estimate revisions prior to the earnings release [6] Industry Context - The Gaming industry, to which MGM belongs, is currently ranked in the bottom 24% of over 250 Zacks industries, suggesting potential challenges ahead [8] - The performance of MGM's stock may be influenced by the overall outlook for the industry, as historical data shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]