MGM (MGM) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

MGM (MGM) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

For the quarter ended June 2026, MGM Resorts (MGM) reported revenue of $4.45 billion, up 1.1% over the same period last year. EPS came in at $0.59, compared to $0.79 in the year-ago quarter.

The reported revenue represents a surprise of +0.37% over the Zacks Consensus Estimate of $4.43 billion. With the consensus EPS estimate being $0.63, the EPS surprise was -6.35%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how MGM performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Las Vegas Strip Resorts - Table Games Win: $451.00 compared to the $374.74 average estimate based on three analysts. Las Vegas Strip Resorts - Slots Win: $566.00 compared to the $547.58 average estimate based on three analysts. Las Vegas Strip Resorts- Slots Win: 9.6% compared to the 9.4% average estimate based on three analysts. Las Vegas Strip Resorts - Slots Handle: $5,915.00 versus the three-analyst average estimate of $5,846.67. Revenues- MGM China: $1.1 billion versus the four-analyst average estimate of $1.12 billion. The reported number represents a year-over-year change of -0.8%. Revenues- Las Vegas Strip Resorts: $2.17 billion versus the four-analyst average estimate of $2.15 billion. The reported number represents a year-over-year change of +2.6%. Revenues- Regional Operations: $924.1 million compared to the $909.6 million average estimate based on four analysts. The reported number represents a change of -4.2% year over year. Revenues- Las Vegas Strip Resorts- Casino: $535.52 million versus $468.25 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +17.3% change. Revenues- Regional Operations- Rooms: $83.48 million compared to the $81.21 million average estimate based on two analysts. The reported number represents a change of +4.6% year over year. Revenues- MGM China- Casino: $956.31 million compared to the $995.58 million average estimate based on two analysts. Revenues- MGM Digital: $196.31 million versus the two-analyst average estimate of $200.73 million. The reported number represents a year-over-year change of +19.8%. Revenues- Regional Operations- Casino: $668.39 million versus the two-analyst average estimate of $654.15 million. The reported number represents a year-over-year change of -5.9%.

View all Key Company Metrics for MGM here>>>

Shares of MGM have returned -3.4% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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