MGM Resorts International (MGM) Stock Climbing Today Despite Earnings Miss

NEW YORK (TheStreet) -- Shares of MGM Resorts International are climbing, up 1.03% to $21.68 in late morning trading Tuesday, after the casino resorts company reported fourth quarter earnings of 1 cents per share, lower compared to Zacks Equity Research consensus estimate of 6 cents per share. The company also posted revenue of $2.39 billion for the quarter, missing the $2.43 billion Zacks consensus estimate for the period. MGM Resorts gets a big part of its revenue from Macau, the only region i...