

Marriott International reported its fourth quarter 2024 earnings, with an adjusted earnings per share (EPS) of $2.45, surpassing estimates of $2.37. The company generated revenue of $6.43 billion, exceeding expectations of $6.38 billion and reflecting a year-over-year increase of 5%. GlobalFoundries also released its fourth quarter 2024 results, reporting an EPS of $0.46, beating the estimated $0.45. Revenue was reported at $1.83 billion, aligning with estimates. However, the company's guidance for the first quarter indicates an EPS range of $0.24 to $0.34, below the expected $0.33, and revenue guidance of $1.55 billion to $1.60 billion, which is less than the anticipated $1.66 billion. Additionally, Barrick Gold announced its fourth quarter 2024 results, with an adjusted EPS of $0.46, exceeding expectations of $0.42, while revenue reached $3.65 billion, falling short of the $3.95 billion estimate. The company also reported a net income of $996 million and announced a $1 billion share buyback program. MGM Resorts International reported an adjusted EPS of $0.45, beating estimates of $0.30, with revenue of $4.346 billion, surpassing expectations of $4.273 billion but reflecting a 1% decline year-over-year.
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$MGM Resorts Q4 Earnings Highlights 🔹 EPS: $0.45 (Est. $0.39) 🟢 🔹 Revenue: $4.3B (Est. $4.28B) 🟢; DOWN -1% YoY Segment Performance (Q4'24): Las Vegas Strip Resorts: 🔹 Revenue: $2.2B (Est. $2.227B) 🟡; DOWN -6% YoY 🔹 Adjusted EBITDAR: $765M; DOWN -11% YoY 🔹 Occupancy: 94%…
$MGM MGM Resorts Intl Q4 2024 Adj. EPS $0.45 Beats $0.30 Estimate Sales $4.346B Beat $4.273B Estimate