MGM (MGM) Q2 Revenue Tops Estimates 2%
MGM Resorts International (NYSE:MGM), the hospitality, casino, and entertainment operator behind well-known resort brands in Las Vegas, Macau, and beyond, released its earnings for Q2 2025 on July 30, 2025. The big headlines: the company delivered GAAP revenue and non-GAAP adjusted EPS above market expectations, thanks to strong results in its digital gaming and Macau operations, but reported net income (GAAP) fell steeply year-over-year, mainly due to a significant foreign currency loss. GAAP revenue totaled $4.40 billion compared to analyst forecasts of $4.32 billion, and adjusted EPS came in at $0.79, well over the $0.58 consensus. However, net income attributable to MGM slid to $49 million from $187 million the prior year. The period highlighted ongoing momentum in digital and international expansion, while the company’s flagship Las Vegas Strip properties saw softer performance against a backdrop of property remodels and shifting customer demand.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
MGM Resorts International operates integrated resorts and casinos in the United States, China, and digital markets. The company’s most recognized assets include luxury hotels and gaming venues on the Las Vegas Strip, as well as casinos in regional U.S. markets and Macau.
Source Fool.com
