MGM Resorts reported better-than-expected revenue for the second quarter of calendar year 2026, with sales rising 1% year on year to $4.45 billion. The figure edged past analyst estimates of $4.42 billion, while adjusted earnings per share of $0.59 came in 1.9% above the consensus of $0.58. Adjusted EBITDA fell well short of expectations at $610.4 million, missing the $1.19 billion estimate, and the operating margin improved to 11.3% from 9.2% a year earlier. CEO Bill Hornbuckle highlighted record consolidated revenue driven by growth in Las Vegas Strip Resorts, all-time best same-store quarterly revenue in Regional Operations, and a 20% revenue increase at MGM Digital.
MGM Resorts InternationalRevenue beat estimates but EBITDA missed badly, creating mixed signals.