MGM

MGM Resorts is scheduled to report Q3 2026 earnings on Oct. 28 with consensus EPS expected to decline 45.8% to 13 cents from 24 cents year-ago, though revenues are projected to grow slightly by 0.1% to $4.25 billion. Strong group bookings and premium gaming demand in Las Vegas are expected to provide support, but softness in lower-end leisure demand and regional operations challenges may weigh on results. The company's Zacks model does not predict an earnings beat.

VICI Properties trades at a discount (9.06X forward P/E vs. 14.91X industry average) with strong fundamentals including 100% occupancy, long-term leases with CPI protection, and strategic portfolio expansion. However, heavy dependence on Caesars (38%) and MGM (32%) for 70% of rental income poses concentration risk. The stock's recent 10.4% decline appears excessive given solid fundamentals, making it attractive for long-term investors.

Three companies have been added to the Zacks Rank #5 (Strong Sell) list due to downward revisions in earnings estimates. Applied Digital Corporation faces an 11.2% downward earnings revision, JAKKS Pacific has an 11.5% downward revision, and MGM Resorts International has a 5.9% downward revision over the last 60 days.