LAS VEGAS (AP) _ MGM Resorts International (MGM) on Thursday reported a loss of $534.7 million in its third quarter.

On a per-share basis, the Las Vegas-based company said it had a loss of $1.08.

The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of $1.10 per share.

The casino and resort operator posted revenue of $1.13 billion in the period, missing Street forecasts. Six analysts surveyed by Zacks expected $1.22 billion.

MGM shares have declined 36% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $21.29, a decrease of 25% 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 MGM at https://www.zacks.com/ap/MGM

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