MGM Resorts Shares Slide After Worse-Than-Expected Q3 Results: Details

MGM Resorts International (NYSE:MGM) reported its third-quarter results after Wednesday's closing bell. Here's a look at the details from the quarter.

The Details: MGM Resorts reported quarterly earnings of 54 cents per share, which missed the analyst consensus estimate of 61 cents. Quarterly revenue came in at $4.2 billion, which missed the analyst consensus estimate of $4.21 billion.

Las Vegas Strip Resorts recorded net revenues of $2.1 billion in the quarter, an increase of 1% compared to the prior year quarter due primarily to an increase in non-gaming revenue, partially offset by a decrease in casino revenue.

Regional Operations recorded net ...