MGM Resorts International
MGM: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &Y | LOCK|!$V | LOCK|&x#DT% |
MGM Earnings: Vegas Demand Stable Amid Tough Comparisons, While Macao Share Holds; Stock Cheap
Total revenue was down 2%, as tough comparisons weighed on Vegas results and slower economic growth pressured Macao, with sales in both regions down 3%. Against these pressures total EBITDA margin detracted to 14.9% from 15.4%.
