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Compared to Estimates, MGM (MGM) Q3 Earnings: A Look at Key Metrics

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MGM Resorts (MGM - Free Report) reported $4.21 billion in revenue for the quarter ended September 2026, representing a year-over-year decline of 0.9%. EPS of -$0.11 for the same period compares to $0.24 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $4.25 billion, representing a surprise of -0.96%. The company delivered an EPS surprise of -173.33%, with the consensus EPS estimate being $0.15.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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: $363.00 versus the three-analyst average estimate of $336.96.
  • Las Vegas Strip Resorts - Slots Win: $582.00 versus the three-analyst average estimate of $572.80.
  • Las Vegas Strip Resorts - Slots Win: 9.4% compared to the 9.4% average estimate based on three analysts.
  • Las Vegas Strip Resorts - Slots Handle: $6,200.00 versus the three-analyst average estimate of $6,093.33.
  • Revenues- Regional Operations: $883.2 million compared to the $870.06 million average estimate based on four analysts. The reported number represents a change of -7.7% year over year.
  • Revenues- Las Vegas Strip Resorts: $1.95 billion versus the four-analyst average estimate of $1.99 billion. The reported number represents a year-over-year change of -1.5%.
  • Revenues- MGM China: $1.14 billion compared to the $1.11 billion average estimate based on four analysts. The reported number represents a change of +4.6% year over year.
  • Revenues- Las Vegas Strip Resorts- Casino: $488.19 million compared to the $463.95 million average estimate based on three analysts. The reported number represents a change of +8.5% year over year.
  • Revenues- Las Vegas Strip Resorts- Rooms: $621.58 million versus the two-analyst average estimate of $686.46 million. The reported number represents a year-over-year change of -5.8%.
  • Revenues- Las Vegas Strip Resorts- Food and beverage: $538.26 million versus $547.58 million estimated by two analysts on average.
  • Revenues- Las Vegas Strip Resorts- Entertainment, retail and other: $306.32 million versus $311.76 million estimated by two analysts on average.
  • Revenues- Management and other operations: $52.51 million compared to the $62.17 million average estimate based on two analysts. The reported number represents a change of +11.3% year over year.

View all Key Company Metrics for MGM here>>>

Shares of MGM have returned -11.2% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.

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