MGM

MGM Resorts reported flat year-over-year sales for Q3 2026, aligned with Wall Street’s revenue forecasts, but delivered a notable shortfall on adjusted profitability.

Shares of hospitality and casino entertainment company MGM Resorts (NYSE:MGM) jumped 4.6% in the afternoon session after the company reported third quarter results, highlighted a rebound in October Las Vegas results, and amended its voting agreement with…

MGM's third-quarter results miss estimates as weaker Las Vegas room rates and regional profitability weigh on earnings, while China and digital businesses show resilience.

Hours before reporting revenue and adjusted EBITDA declines for the quarter, MGM announced it amended its existing Voting Agreement with its largest shareholder.

MGM Resorts International reported Q3 2026 results with revenue roughly flat year on year, a quarterly loss of $17.1 million, and adjusted earnings of a loss of $0.11 per share that missed analyst expectations.

Moby summary of MGM Resorts International's Q3 2026 earnings call

MGM Resorts International (NYSE:MGM) said third-quarter performance reflected resilient casino demand and convention activity, although higher travel costs and pressure on leisure room rates weighed on its Las Vegas results.

Japan's $1 billion annual capital commitment through 2028 signals where MGM sees its long-term growth, even as Las Vegas stabilizes.

Record Macau performance and digital progress offset Las Vegas room rate pressures.

While the top- and bottom-line numbers for MGM (MGM) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.