Shares of MGM Resorts International fell nearly 4% in premarket trade on Wednesday after the company reported third-quarter profit that was below Wall Street expectations. MGM reported net income of $149.1 million, or 26 cents per share during the quarter, down from income of $535.6 million, or 94 cents per share during the same quarter a year ago. FactSet’s consensus on earnings per share was 35 cents. Revenue was $2.83 billion, compared with $2.52 billion in the year earlier period. FactSet’s consensus on revenue was $2.77 billion. Shares of MGM Resorts are up more than 9% in the year to date, while the S&P 500 index is up nearly 16% and the Dow Jones Industrial Average is up more than 19%
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