MGM Climbs as Earnings Get Lift From China and Strong Growth Expectations Buoy the Stock - Barron's
1. MGM's Q4 earnings beat expectations, driven by strong demand in Asia. 2. Earnings per share were 45 cents, surpassing forecasts but down year-over-year. 3. Record convention bookings in December set a promising trend for 2025. 4. Analysts largely maintain bullish ratings, with upgraded price targets boosting optimism. 5. MGM stock surged 10% after positive earnings, indicating robust market confidence.