Previous close | 2.3200 |
Open | N/A |
Bid | 2.1900 |
Ask | 2.2800 |
Strike | 47.00 |
Expiry date | 2023-06-16 |
Day's range | 1.0900 - 2.3200 |
Contract range | N/A |
Volume | |
Open interest | 52 |
Joining the call from the company today are Bill Hornbuckle, chief executive officer and president; Corey Sanders, chief operating officer; Jonathan Halkyard, chief financial officer and treasurer; Hubert Wang, president and chief operating officer of MGM China; and Andrew Chapman, director of investor relations. Now, I would like to turn the call over to Andrew Chapman.
MGM (MGM) delivered earnings and revenue surprises of 143.13% and 7.26%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
To make market-beating returns, investors need to find companies that are leaders in their industries, see a large potential market, and have solid financials. This is a cash-flow business, and the Las Vegas Strip is generating more revenue than ever. You can see below that this has helped drive $4.1 billion in EBITDA over the past year for MGM Resorts.