Reported about 10 hours ago
MGM Resorts International exceeded fourth-quarter profit and revenue expectations, leading to a nearly 9% surge in its stock. Strong booking performance across its properties contributed to this success, with the company reporting earnings of 45 cents per share versus the anticipated 30 cents. Additionally, MGM's revenue from its China and Macau operations rose by 4%, while overall revenue reached $4.35 billion, surpassing estimates.
Source: YAHOO