MGM Resorts International
MGM: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <!G | LOCK|xr | LOCK|l<Md>x |
MGM Earnings: Vegas Industry Demand Remains Soft Near Term, While Macao Shines; Shares Attractive
MGM's third-quarter revenue increased 2%, as 17% growth in Macao more than offset the 7% decline in Vegas that was affected by renovations and weak visitation. EBITDA margin was11.9%, down from 13.7% a year ago.
