| MGM |
Report |
BetMGM total net revenue (Q2 2026) |
BEAT |
pred ~$748M vs. cons $735M |
MEDIUM |
| MGM |
Report |
BetMGM adjusted EBITDA (Q2 2026) |
BEAT |
pred ~$72M vs. cons $68M |
MEDIUM |
| MGM |
Report |
BetMGM iGaming net revenue (Q2 2026) |
IN-LINE |
pred ~$512M vs. cons $508M |
MEDIUM |
| MGM |
Guide |
BetMGM net revenue guidance (FY2026) |
LOWER |
guide ~$3.00B vs. cons $3.03B (FY2026) |
MEDIUM |
| MGM |
Guide |
BetMGM adjusted EBITDA guidance (FY2026) |
LOWER |
guide ~$305M vs. cons $315M (FY2026) |
MEDIUM |
| MGM |
Guide |
BetMGM adjusted EBITDA target (FY2027) |
UNCHANGED |
guide ~$500M vs. cons $500M (FY2027) |
HIGH |
| MGM |
Return |
Day-1 residual (stock − beta × S&P 500) |
+1.2% |
— |
MEDIUM |
| MGM |
Return |
5-day cumulative residual |
+0.3% (FADE) |
The Q2 revenue and EBITDA beats should support the initial reaction, but an FY2026 EBITDA outlook still anchored near ~$305M versus consensus of ~$315M implies limited upward revisions and causes most of the day-1 gain to fade. |
LOW |