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Kritika Sarmah

MGM Resorts’ Q4 2024 Earnings: What to Expect

MGM MGM Resorts

MGM Resorts International (MGM), based in Las Vegas, Nevada, is a prominent global operator of casino, hotel, and entertainment resorts with a market capitalization of $9.8 billion. The company delivers a wide range of services, including accommodations, dining, event hosting, and hospitality management, catering to both casino and non-casino properties. MGM is set to release its fiscal 2024 fourth-quarter earnings after the market closes on Wednesday, Feb. 12.

Ahead of the event, analysts expect MGM to report a profit of $0.35 per share on a diluted basis, down 67% from $1.06 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in three of its last four quarterly reports, while missing on another occasion.

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