HONG KONG (AP) _ Melco Resorts and Entertainment Ltd. (MLCO) on Thursday reported fourth-quarter earnings of $68.1 million.

On a per-share basis, the Hong Kong-based company said it had profit of 14 cents. Earnings, adjusted for non-recurring costs, came to 19 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share.

The casino company posted revenue of $1.45 billion in the period.

For the year, the company reported profit of $373.2 million, or 78 cents per share. Revenue was reported as $5.74 billion.

Melco shares have fallen 10% since the beginning of the year. The stock has declined slightly more than 2% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MLCO at https://www.zacks.com/ap/MLCO

Automated Insights, source Associated Press News