MGM Resorts International
MGM: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >? | LOCK|zv> | LOCK|Fc&<M$N |
MGM Earnings: An Improving Vegas Outlook Could Spark Interest in Undervalued Shares
MGM's first-quarter sales increased 4%, with flat Vegas performance, Macao rising 9%, and US BetMGM up 6%. Adjusted EBITDA margin dropped to 13.2% from 14.9% due to one-time legal expenses.
