Las Vegas, Nevada-based MGM Resorts International (MGM) operates as a gaming and entertainment company in the United States and internationally. With a market cap of $10.3 billion, the company operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The hotel titan is expected to announce its fiscal second-quarter earnings for 2025 after the market closes on Thursday, July 30.

Ahead of the event, analysts expect MGM to report a profit of $0.56 per share on a diluted basis, down 34.9% from $0.86 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion. 

For the current year, analysts expect MGM to report EPS of $2.11, down 18.5% from $2.59 in fiscal 2024. However, its EPS is expected to rise 18.5% year over year to $2.50 in fiscal 2026. 

Over the past year, MGM shares have declined 11.6%, lagging behind the S&P 500’s ($SPX) 11.5% gains and the Consumer Discretionary Select Sector SPDR Fund’s (XLY) 15.6% gains over the same time frame.

On Apr. 30, MGM shares closed down more than 1% after reporting its Q1 results. The casino and resort operator posted revenue of $4.28 billion in the period, beating Street forecasts. Additionally, the company’s adjusted EPS for the quarter amounted to $0.69 and surpassed the consensus estimates by 38%.

Analysts’ consensus opinion on MGM stock is moderately upbeat, with a “Moderate Buy” rating overall. Out of 19 analysts covering the stock, 12 advise a “Strong Buy” rating, six suggest a “Hold,” and one recommends a “Strong Sell.” MGM’s average analyst price target is $44.84, indicating a 15.4% potential upside from the current levels.