MGM Earnings

MGM reported its FY2025Q3 earnings on 2025-10-29, showcasing a revenue of 4.25B against an estimate of 4.24B, resulting in a 0.3% surprise. The EPS was 0.24, surpassing the expected 0.37 by -35.14%. The stock experienced a -1.57% price change on the earnings day and a 2.11% change over the next five days, reflecting market reactions to the results.

Following MGM's FY2025Q3 earnings announcement on 2025-10-29, the stock price moved by -1.57% on the day of the release. Over the subsequent five days, it saw a 2.11% change. Historically, MGM's stock price tends to shift by an average of -0.89% in the 10 days leading up to earnings and -1.51% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate MGM's annual revenue to reach 4.38B, while the EPS is projected at 0.69. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates revised upward by 0.01% over the past three months, indicating analyst expectation in the company's performance.

The correlation between MGM's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved revised upward by 0.01%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, MGM's stock price typically moves by -0.89% in the 10 days before its earnings and -1.51% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 0.69 and revenue of 4.38B.

The earnings call highlights robust performance with record high revenues, improved EBITDA, and strong growth in digital ventures. The strategic Marriott partnership and positive outlook for Las Vegas and Macau operations further strengthen the sentiment. While there are concerns about the gaming loss tax and some unclear management responses, the overall tone remains optimistic with high-end customer focus and strategic growth initiatives in place. The positive financial metrics and optimistic guidance indicate a likely stock price increase.