Melco Resorts & Entertainment Ltd. - American Depositary Receipt (MLCO)
Here's What Key Metrics Tell Us About Melco (MLCO) Q4 Earnings
The headline numbers for Melco (MLCO) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Melco Resorts (MLCO) Reports Q4 Loss, Tops Revenue Estimates
Melco Resorts (MLCO) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.08. This compares to earnings of $0.13 per share a year ago.
Melco Resorts & Entertainment Limited (MLCO) Q3 2024 Earnings Call Transcript
Melco Resorts & Entertainment Limited (NASDAQ:MLCO ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Jeanny Kim - Senior Vice President, Group Treasurer Evan Winkler - President Lawrence Ho - Chairman and CEO Geoffrey Davis - EVP and CFO Conference Call Participants George Choi - Citi John DeCree - CBRE Luis Ricardo Chinchilla - Deutsche Bank Praveen Choudhary - Morgan Stanley Simon Cheung - Goldman Sachs Operator Ladies and Gentlemen, thank you for participating in the Third Quarter 2024 Earnings Conference Call of Melco Resorts and Entertainment Limited. At this time, all participants are in a listen-only mode.
Melco (MLCO) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for Melco (MLCO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Melco Resorts (MLCO) Q3 Earnings and Revenues Miss Estimates
Melco Resorts (MLCO) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to loss of $0.03 per share a year ago.
Should Value Investors Buy Melco Resorts & Entertainment Limited (MLCO) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Wall Street Analysts Predict a 30.89% Upside in Melco (MLCO): Here's What You Should Know
The average of price targets set by Wall Street analysts indicates a potential upside of 30.9% in Melco (MLCO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Are Investors Undervaluing Melco Resorts & Entertainment Limited (MLCO) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Melco Resorts Has Been Left Financially Distressed
Melco Resorts & Entertainment has faced significant challenges in past years from China's response to COVID, as tourism in Macau has suffered greatly. While Macau's tourism has recovered and the Chinese economy looks to gain from stimulus measures, remaining strict VIP casino guidelines continue to pressure the overall performance. Melco's relatively low margin level and high debt leverage risks to investors, and pose a major risk. Melco's real estate holdings should still provide a good safety net.
Melco Resorts Stock's Big Boost From China's Stimulus Plans
China will provide "necessary fiscal spending" to kick-start a sluggish economy. The stock market in China has struggled recently, and this news brought it back to life.
Melco (MLCO) Q2 Earnings & Revenues Miss Estimates, Rise Y/Y
Melco's (MLCO) second-quarter 2024 results reflect improved performance in the mass market segment and non-gaming operations. Yet, high costs and expenses partially mar prospects.
Melco Resorts & Entertainment Limited (MLCO) Q2 2024 Earnings Call Transcript
Melco Resorts & Entertainment Limited (NASDAQ:MLCO ) Q2 2024 Earnings Conference Call August 13, 2024 8:30 AM ET Company Participants Jeanny Kim - Senior Vice President, Group Treasurer Evan Winkler - President Lawrence Ho - Chairman and CEO Geoff Davis - EVP and CFO Conference Call Participants George Choi - Citi Ricardo Chinchilla - Deutsche Bank John DeCree - CBRE Praveen Choudhary - Morgan Stanley Operator Ladies and gentlemen, thank you for participating in the Second Quarter 2024 Earnings Conference Call of Melco Resorts and Entertainment Limited. At this time, all participants are in listen-only mode.
