MGM Resorts International Q3 Earnings Preview

On Tuesday, Oct. 30, MGM Resorts International MGM will release its latest earnings report. Benzinga's outlook for MGM Resorts is included in the following report.

Earnings and Revenue

Wall Street analysts see MGM Resorts reporting earnings of 21 cents per share on sales of $2.99 billion.

In the same quarter last year, MGM Resorts reported EPS of 37 cents on revenue of $2.83 billion. If the company were to match the consensus estimate when it reports Tuesday, earnings would be down 43.24 percent. Revenue would be up 5.77 percent on a year-over-year basis. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Stock Performance

Over the past 52-week period, shares of MGM Resorts International have declined 22.46 percent. Analysts' have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on MGM Resorts stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.