MGM: Q3 Earnings Snapshot

Carbonatix Pre-Player Loader

Audio By Carbonatix

LAS VEGAS (AP) — LAS VEGAS (AP) — MGM Resorts International (MGM) on Wednesday reported third-quarter earnings of $184.6 million.

On a per-share basis, the Las Vegas-based company said it had profit of 61 cents. Earnings, adjusted for non-recurring gains, came to 54 cents per share.

The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.

The casino and resort operator posted revenue of $4.18 billion in the period, which also fell short of Street forecasts. Eight analysts surveyed by Zacks expected $4.22 billion.

_____

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

 

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • The Charlie Kirk Show
    12:00PM - 2:00PM
     
    Charlie Kirk is the next big thing in conservative talk radio and he's now   >>
     
  • The Scott Jennings Show
     
    Jennings is battle-tested on cable news, a veteran of four presidential   >>
     
  • Best Stocks Now
    3:00PM - 4:00PM
     
    Bill Gunderson provides listeners with financial guidance that is both experienced and accomplished.
     
  • The Hugh Hewitt Show
    4:00PM - 6:00PM
     
    Hugh Hewitt is one of the nation’s leading bloggers and a genuine media   >>
     
  • SEKULOW
    6:00PM - 7:00PM
     
    Jay Sekulow is widely regarded as one of the foremost free speech and religious   >>
     

See the Full Program Guide