NYSE:MGMHospitality
MGM Resorts International Q1 EPS Recovery Tests Bullish Margin Improvement Narratives
MGM Resorts International (MGM) kicked off Q1 2026 with revenue of US$4.5b, basic EPS of US$0.49 and net income of US$125.1m, setting the stage for investors to reassess how the business is tracking against the past year. Over the last six reported quarters, revenue has ranged from US$4.3b to US$4.6b while basic EPS has moved between a loss of US$1.05 and a profit of US$1.12, so this quarter’s print drops into a period marked by volatile earnings. With trailing 12 month net profit margin...