05:43 PM EDT, 10/30/2024 (MT Newswires) -- MGM Resorts International ( MGM ) reported Q3 adjusted earnings late Wednesday of $0.54 per diluted share, down from $0.64 a year earlier.

Analysts polled by Capital IQ expected $0.61.

Revenue for the quarter ended Sept. 30 rose to $4.18 billion from $3.97 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.21 billion.

In Q3, MGM Resorts ( MGM ) repurchased more than $300 million of shares, bringing the total to about $1.3 billion year-to-date, resulting in a 40% reduction in overall shares outstanding since 2021.

The company's shares were down nearly 6% in after-hours activity.