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.
MGM Resorts (MGM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
MGM Resorts (MGM) fourth-quarter 2022 results are likely to reflect gains from increased visitation in the Las Vegas market.