LAS VEGAS (AP) — LAS VEGAS (AP) — MGM Resorts International (MGM) on Wednesday reported third-quarter earnings of $161.1 million.
The Las Vegas-based company said it had profit of 46 cents per share. Earnings, adjusted for non-recurring costs, were 64 cents per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share.
The casino and resort operator posted revenue of $3.97 billion in the period, also surpassing Street forecasts. Eight analysts surveyed by Zacks expected $3.85 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MGM at https://www.zacks.com/ap/MGM