MGM Resorts’s (NYSE:MGM) Q3 2026 earnings results: revenue in line with expectations

MGM Resorts (MGM) reported Q3 2026 results with mixed performance. Digital operations, led by BetMGM, showed strong growth, while core property margins declined. Revenue was flat on the Las Vegas Strip and down in China, but digital revenue rose 7%. The stock fell 2.57% to $27.27. Management highlighted long-term growth initiatives, including MGM Osaka development and AI strategies.

MGM Resorts stock fell 0.6% after reporting a Q3 loss of $0.11 per share, missing estimates, with revenue of $4.21B down 1% YoY. Las Vegas Strip revenue declined 2%, while MGM China reported record revenue. Analysts cut price targets. The company's CEO mentioned a potential bid for People Inc. The stock is near 52-week lows.

MGM Resorts (NYSE: MGM) reported Q3 EPS of -$0.11, missing estimates by $0.22, with revenue at $4.21B, below the $4.25B consensus. The stock is down 38.82% over 3 months and 12.62% over 12 months. InvestingPro rates MGM's financial health as 'fair performance'.

MGM Resorts International reported a Q3 loss of $17.1 million, or 7 cents per share, missing analyst expectations of 15 cents per share. Revenue was $4.21 billion, below the $4.25 billion forecast.

MGM Resorts International (MGM) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 MGM RESORTS INTERNATIONAL REPORTS THIRD QUARTER 2026 FINANCIAL AND OPERATING RESULTS • Regional Operations increased revenue 1% on a same-store basis • MGM China achieved record quarterly revenue as well as record quarterly market share of 17.1% • BetMGM North Americ

MGM Resorts reported Q3 2026 revenue of $4.2B, down 1% YoY, with a net loss of $17M. Regional ops saw 1% same-store revenue growth, while MGM China hit record revenue and 17.1% market share. BetMGM contributed $34M in fees. CEO highlighted strong digital growth and future projects like MGM Osaka. CFO noted share repurchases and long-term growth potential.