BUZZ-MGM soars on Q4 results beat
ReutersFeb 12, 2025 10:03 PM
Shares of casino operator MGM Resorts International MGM.N up 8.6% at $37.32 after the bell
Company beat fourth-quarter profit and revenue estimates aided by strength from more bookings across its properties.
MGM earned adjusted profit of 45 cents per share, ahead of analysts' estimate of 30 cents per share, according to LSEG compiled data
Overall revenue fell marginally to $4.35 billion in the fourth quarter, but came higher than estimates of $4.27 billion
In 2024, stock had fallen 22.5%
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