| MGM |
Report |
BetMGM Total Net Revenue |
BEAT |
pred ~$755 million vs. cons $742 million |
MEDIUM |
| MGM |
Report |
BetMGM Adjusted EBITDA |
BEAT |
pred ~$92 million vs. cons $86 million |
MEDIUM |
| MGM |
Report |
BetMGM Online Sports Net Revenue |
BEAT |
pred ~$255 million vs. cons $245 million |
LOW |
| MGM |
Guide |
FY2026 BetMGM Net Revenue guidance |
BETTER |
guide ~$3.10 billion vs. cons $3.00 billion (FY2026) |
MEDIUM |
| MGM |
Guide |
FY2026 BetMGM Adjusted EBITDA guidance |
BETTER |
guide ~$330 million vs. cons $325 million (FY2026) |
LOW |
| MGM |
Guide |
FY2026 cash distributed to parents |
BETTER |
guide ~$250 million vs. cons $225 million (FY2026) |
LOW |
| MGM |
Return |
Day-1 residual (stock − beta × S&P 500) |
+1.3% |
— |
MEDIUM |
| MGM |
Return |
5-day cumulative residual |
+0.8% (STABILIZE) |
A modest BetMGM revenue and EBITDA beat plus a higher FY2026 revenue outlook should be supportive, but MGM’s 50% BetMGM ownership limits direct earnings sensitivity and the July 29, 2026 consolidated MGM release will reset attention to Las Vegas Strip margins and consolidated out-period estimates; pred +0.8% vs. day-1 +1.3%. |
MEDIUM |