Will MGM Resorts (MGM) beat quarterly earnings?
$1.1K Vol.Closes Jul 29, 2026
Will MGM Resorts (MGM) beat quarterly earnings?$1.1K Vol.39%
MGM Resorts is scheduled to report its Q2 2026 non-GAAP earnings per share on July 29, 2026, with the Street consensus estimate set at $0.60.
The outcome depends on MGM Resorts International (NYSE: MGM), a major global hospitality and gaming operator with significant properties in Las Vegas and China.
The company missed its Q1 2026 EPS estimate by approximately $0.07 despite beating revenue targets, signaling a mix of sales strength and margin pressure earlier in the year.
marketbeat.commarketbeat.comBeating the $0.60 EPS estimate would signal improved profitability and margin recovery following the Q1 miss, while failing to meet it could reinforce concerns about earnings volatility in the gaming sector.
Note: The market defines "beat" as reporting non-GAAP EPS strictly greater than $0.60; an exact result of $0.60 would resolve to "No."
MGM Resorts reported Q1 2026 non-GAAP EPS of $0.49, missing the consensus estimate of roughly $0.56–$0.57 by $0.07–$0.08 while quarterly revenue beat expectations at $4.45 billion.
marketbeat.commarketbeat.comThe earnings miss was driven by a decline in net income to $174.8 million and operating income to $301 million, despite revenue growth of 4.2% year-over-year.
marketbeat.commarketbeat.comMGM Resorts is estimated to release Q2 2026 earnings on Wednesday, July 29, 2026, after market close, with a conference call at 5:00 PM ET.
marketbeat.comnasdaq.comMGM Resorts releases its official Q2 2026 earnings report and holds its investor conference call at 5:00 PM ET.
marketbeat.comnasdaq.comAI-generated briefing. AI can make mistakes. This is not financial advice.
Q1 2026 revenue of $4.45 billion exceeded analyst expectations by $80 million, demonstrating strong top-line demand that could support a EPS beat if margins stabilize.
marketbeat.comMGM Digital segment revenue grew 43% year-over-year in Q1, indicating a high-growth area that may continue to drive profitability improvements in Q2.
stocktitan.netThe reported EPS of $0.49 in Q1 was only a partial miss relative to the high $0.56–$0.57 estimates, and analysts have projected a Q2 EPS of $0.61, slightly above the $0.60 market threshold.
public.combenzinga.comAI-generated briefing. AI can make mistakes. This is not financial advice.
Q1 2026 operating income declined 22% to $301 million and net income fell 23% to $174.8 million, highlighting persistent margin pressure that could prevent a Q2 EPS beat.
stocktitan.netLas Vegas Strip Resorts revenue was flat in Q1, suggesting limited growth in the company's core domestic gaming market which could limit Q2 upside.
stocktitan.netThe Q1 EPS miss of $0.07–$0.08 against a consensus of $0.56–$0.57 established a negative near-term EPS trajectory, making a rebound to $0.60+ in Q2 uncertain despite revenue strength.
marketbeat.comAI-generated briefing. AI can make mistakes. This is not financial advice.