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Wynn Resorts (WYNN) Stock Down in After-Hours Trading, Revenue Falls Short

NEW YORK (TheStreet) -- Wynn Resorts (WYNN - Get Report) stock is tumbling 1.87% to $72.38 in after-hours trading on Thursday following the casino and resorts operator's third quarter fiscal 2015 earnings results that missed analysts' revenue estimates. Earnings however, came in above projections.

For the quarter ended September 30, the Las Vegas-based company earned 86 cents a share on revenue of $996.3 million.

Analysts had expected the company to earn 79 cents a share on revenue of $1.03 billion.

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In the same period the year before, the company earned $1.95 a share on revenue of $1.37 billion.

In the latest quarter, table games turnover in the VIP segment came in at $12.2 billion, a huge drop from $25.1 billion in the third quarter of 2014.

However, the company's room revenues along with food and beverage revenues in the recent quarter saw an improvement.

Additionally, the company said that it approved a cash dividend of $0.50 per common share. This will be payable on November 24, 2015, to stockholders of record on November 12, 2015.