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 get a big part of its revenue from Macau, the only region in China where gambling is legal. However, gambling revenue has declined over the past few quarters due to anti-graft corruption efforts by the Chinese government, according to Yahoo! Finance. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Las Vegas-based MGM Resorts International is a holding company with its primary business in the ownership and operation of casino resorts, which includes offering gaming, hotel, convention, dining, entertainment, retail and other resort amenities. Separately, TheStreet Ratings team rates MGM RESORTS INTERNATIONAL as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: "We rate MGM RESORTS INTERNATIONAL (MGM) a HOLD. The primary factors that have impacted our rating are mixed, some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and increase in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and weak operating cash flow." You can view the full analysis from the report here: MGM Ratings Report MGM data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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