MGM Resorts expected to report lower Q1 earnings, with historical drop post-earnings, neutral.

From Nasdaq: 2025-04-29 23:10:00

MGM Resorts (NYSE: MGM) expected to report Q1 earnings on April 30, 2025, with estimates of $0.46 per share on $4.28B revenue, down 31% and 2% respectively. Stock has historically dropped 68% post-earnings, with a median one-day drop of 3.4% and max decline of 13%.

Despite challenges, MGM focuses on long-term growth through organic expansion in sports and entertainment, with a market cap of $9.1B. It reported $17B in revenue, $1.5B in operating profit, and $747M in net income over the last twelve months. Historical patterns may offer insights for traders ahead of earnings.

Analyzing historical odds and correlations can help traders position themselves before or after earnings release for MGM Resorts. Trefis High Quality portfolio offers an alternative with strong returns. Data shows a 32% chance of positive one-day returns post-earnings, increasing to 36% over the last 3 years.

Understanding correlations between 1D, 5D, and 21D returns post-earnings can help traders make informed decisions. Peer performance can also influence stock reactions, with pricing-in potentially starting before earnings announcements. Trefis RV strategy has outperformed all-cap stocks benchmarks, offering strong returns for investors.



Read more at Nasdaq: How Will MGM Stock React To Its Upcoming Q1 Earnings?