Seeking AlphaCodex · 实盘不做把握 6/10
北京时间·🕒 发布 04:19:43时区推断·⟳ 抓取 04:19:54·⚡ 决策 07-30 04:20:36 +42s·89.9 天前
美高梅度假村二季度收入和调整后EPS小幅超预期但业务表现分化
二季度调整后EPS仅比预期高0.01美元、收入仅比预期高3000万美元，预期差很薄。
📄 原文Seeking Alpha↗ 原文
MGM Resorts Non-GAAP EPS of $0.59 beats by $0.01, revenue of $4.45B beats by $30M
- MGM Resorts press release (MGM): Q2 Non-GAAP EPS of $0.59 beats by $0.01. - Revenue of $4.45B (+1.1% Y/Y) beats by $3…
不做 美高梅度假村（MGM.US）
常规财报小幅超预期，EPS仅高0.01美元、收入仅高3000万美元且分部利润表现分化，盘后已小幅反应，缺少足够预期差和正期望追多边界。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
🔎 新鲜度:最早出现 2026-07-29 · 扩散 medium · price-in 风险 medium ↗
关键理由
- 二季度调整后EPS仅比预期高0.01美元、收入仅比预期高3000万美元，预期差很薄。
- 拉斯维加斯和数字业务增长被区域业务EBITDAR下滑、MGM中国EBITDAR同比下降15%部分抵消。
- 盘后已小幅上涨1.67%，但财报幅度不足以支持在美股盘后后续追多。
主要风险
- 若后续电话会给出澳门或数字业务明显上修指引，可能改变市场对增长质量的判断。
- 博彩酒店股对宏观消费、利率和旅游需求敏感，FOMC同日背景可能放大盘后波动。
原文全文
展开原文 · 1,602 字
- MGM Resorts press release (MGM): Q2 Non-GAAP EPS of $0.59 beats by $0.01.
- Revenue of $4.45B (+1.1% Y/Y) beats by $30M.
-
Las Vegas Strip Resorts
- Revenue of $2.2 billion in the current quarter compared to $2.1 billion in the prior year quarter, an increase of 3%
- Segment Adjusted EBITDAR of $735 million in the current quarter compared to $710 million in the prior year quarter, an increase of 3%
Regional Operations
- Revenue of $924 million in the current quarter compared to $965 million in the prior year quarter, a decrease of 4%
- Same-store revenue (adjusted for dispositions) of $904 million in the current quarter compared to $879 million in the prior year quarter, an increase of 3%
- Segment Adjusted EBITDAR of $280 million in the current quarter compared to $309 million in the prior year quarter, a decrease of 9%
- Same-Store Segment Adjusted EBITDAR of $271 million in the current quarter, which was flat compared to the prior year quarter
MGM China
- Revenue of $1.1 billion in the current quarter, which was relatively flat compared to the prior year quarter
- Segment Adjusted EBITDAR of $257 million in the current quarter compared to $301 million in the prior year quarter, a decrease of 15%
- Intercompany branding license fee expense increased by $21 million over the prior year quarter
MGM Digital (1)
- Revenue of $196 million in the current quarter compared to $164 million in the prior year quarter, an increase of 20%
- Segment Adjusted EBITDAR loss of $31 million in the current quarter compared to a loss of $26 million in the prior year quarter
- Shares +1.67% AH.
- Revenue of $4.45B (+1.1% Y/Y) beats by $30M.
-
Las Vegas Strip Resorts
- Revenue of $2.2 billion in the current quarter compared to $2.1 billion in the prior year quarter, an increase of 3%
- Segment Adjusted EBITDAR of $735 million in the current quarter compared to $710 million in the prior year quarter, an increase of 3%
Regional Operations
- Revenue of $924 million in the current quarter compared to $965 million in the prior year quarter, a decrease of 4%
- Same-store revenue (adjusted for dispositions) of $904 million in the current quarter compared to $879 million in the prior year quarter, an increase of 3%
- Segment Adjusted EBITDAR of $280 million in the current quarter compared to $309 million in the prior year quarter, a decrease of 9%
- Same-Store Segment Adjusted EBITDAR of $271 million in the current quarter, which was flat compared to the prior year quarter
MGM China
- Revenue of $1.1 billion in the current quarter, which was relatively flat compared to the prior year quarter
- Segment Adjusted EBITDAR of $257 million in the current quarter compared to $301 million in the prior year quarter, a decrease of 15%
- Intercompany branding license fee expense increased by $21 million over the prior year quarter
MGM Digital (1)
- Revenue of $196 million in the current quarter compared to $164 million in the prior year quarter, an increase of 20%
- Segment Adjusted EBITDAR loss of $31 million in the current quarter compared to a loss of $26 million in the prior year quarter
- Shares +1.67% AH.
决策记录链 · 只追加
每次领取产生一条记录,重新决策追加一条并以 supersedes 指向被替代的记录(ADR 0014)。
这条决策早于决策账本(2026-10-08 起逐条追加),没有追加记录。