Description
Overview of MGM Resorts International Q3FY24 Report
Goals and Objectives of the Research
Research Objective: To perform a comparative analysis of the Q3FY24 quarterly report and those of previous periods.
Research Tasks:
- Gather comprehensive financial and corporate information pertaining to the company for Q3FY24;
- Analyze the collected information;
- Conduct a comparative assessment of the report for the Q3FY24 with reports for previous quarters up to the Q3FY23;
- Formulate conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data used is reflective of the researcher's personal opinion, this will be labeled accordingly.
The provided public company quarterly reports are unaudited.
Document Markup
- FY - Financial Year;
- Q - Quarter;
- QoQ - Quarter-over-Quarter;
- MGM - MGM Resorts International;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- MGM Resorts International Q3FY24 Report Period is from July 1, to September 30, 2024.
Short Insights
- Net income was 184.578 million USD decreased by 1.33%, compared to 187.072 million USD in Q2FY24;
- Operating income of 314.857 million USD, decreased by 14.89% compared to 369.936 million USD in Q3FY23;
- EPS Basic and Diluted of 0.61 USD and 0.61 USD, respectively;
- Announced partnership with Grupo Globo to launch the BetMGM brand in Brazil.
