Core Viewpoint - MGM Resorts International is a significant player in the casino and hospitality industry, facing competition from major companies like DraftKings and PENN Entertainment, and is influenced by consumer spending, tourism, and gaming regulations [1][6] Financial Performance - MGM's third-quarter earnings report revealed a profit of $0.24 per share, which missed the Zacks Consensus Estimate of $0.37, resulting in a negative surprise of 35.14% [3] - The company's revenue for the quarter was $4.25 billion, slightly above the Zacks Consensus Estimate by 0.82%, and an increase from $4.18 billion reported in the same period last year [4] - Over the past year, MGM has exceeded consensus EPS estimates three times, showcasing its ability to perform despite recent challenges [3] Stock Performance - MGM's stock price has fluctuated between $30.96 and $31.84, with a market capitalization of approximately $8.5 billion [5] - The stock has seen significant trading activity, with a volume of 6,701,875 shares, indicating strong investor interest despite a "Sell" rating from Goldman Sachs [2][6] - Over the past year, the stock reached a high of $41.32 and a low of $25.30, reflecting its volatility in the market [5]