Here are the earnings highlights for MGM Resorts International (MGM):
The earnings have seen an increase; $313.46 million in the fourth quarter as opposed to $284.00 million in the same period the previous year. Similarly, there's been a rise in EPS (Earnings Per Share), from $0.69 in the fourth quarter of the previous year to $0.92 in the same period of the current year. Upon excluding certain items, MGM Resorts International reported an adjusted earning of $1.06 per share for the period.
Analysts had initially projected earnings of $0.71 per share. The revenue also saw an increase from $3.59 billion in the fourth quarter of the previous year to $4.38 billion in the same period of the current year.
