业绩总结 - 2024年第三季度总营业收入为11.8亿美元，同比增长约16%[2] - 2024年第三季度营业收入为1.386亿美元，较2023年同期增长46%[3] - 2024年第三季度调整后物业EBITDA为3.225亿美元，较2023年同期增长15%[3] - 2024年第三季度归属于Melco Resorts & Entertainment Limited的净收入为2730万美元，较2023年同期的净亏损1630万美元实现扭亏为盈[4] - 2024年第三季度City of Dreams的总营业收入为5.639亿美元，同比增长11.4%[6] - 2024年第三季度Studio City的总营业收入为3.647亿美元，同比增长31.3%[15] - 2024年第三季度的资本支出为6460万美元，主要用于澳门City of Dreams和Studio City的提升项目[32] 用户数据 - 2024年第三季度City of Dreams的调整后EBITDA为1.628亿美元，较2023年同期增长5.8%[6] - 2024年第三季度Studio City的调整后EBITDA为9280万美元，较2023年同期增长37%[15] - City of Dreams的平均每日房价在2024年第三季度为211美元，较2023年同期增长9%[50] - City of Dreams Manila的房间入住率在2024年第三季度为97%，与2023年同期持平[50] - Studio City的房间收入每可用房间为164美元，较2023年同期增长6%[50] - City of Dreams Mediterranean的平均每日房价在2024年第三季度为526美元，较2023年同期增长40%[50] 财务状况 - 截至2024年9月30日，公司的总现金和银行余额为12.5亿美元，其中包括1.257亿美元的受限现金[31] - 截至2024年9月30日，公司的总资产为7,994,828千美元，较2023年12月31日下降4.1%[43] - 截至2024年9月30日，公司的总负债为8,886,059千美元，较2023年12月31日下降3.2%[43] - 2024年第三季度的经营成本和费用总计为1,036,548千美元，同比增长12.4%[42] - 2024年第三季度的利息支出为121,438千美元，较2023年同期下降7.3%[42] 未来展望 - 公司在菲律宾的业务表现良好，City of Dreams Manila的运营持续稳定[40] - Melco Resorts在塞浦路斯的City of Dreams Mediterranean的运营情况良好，吸引了大量游客[40] - 由于COVID-19的影响，公司面临的风险包括市场复苏的速度和澳门政府的游戏法修订[34] 股东结构 - Melco International Development Limited为主要股东，进一步增强了公司的市场地位[41]

财务数据和关键指标变化 - 公司第三季度调整后的物业EBITDA约为3.23亿美元，较第二季度增长7% [14] - 截至2024年9月30日，公司的现金储备约为12亿美元，流动性超过30亿美元 [16] - 总债务在第三季度减少约6000万美元 [17] 各条业务线数据和关键指标变化 - 澳门的物业EBITDA因有利的胜率影响，增加了约2700万美元 [14] - 在马尼拉，尽管面临竞争，City of Dreams的表现环比改善，整体GGR和EBITDA在第三季度都有所增长 [12] 各个市场数据和关键指标变化 - 在澳门，第三季度的运营费用保持稳定，约为每日290万美元 [15] - 在黄金周期间，Melco的整体大众投注量同比增长超过20% [23] 公司战略和发展方向和行业竞争 - 公司计划在2025年继续吸引和留住高价值客户，正在进行多个项目的提升，包括City of Dreams的可达性和客户流动性 [10][11] - 公司重启了针对高端客户的忠诚度计划，并推出了新的高端客户层级 [6][7] 管理层对经营环境和未来前景的评论 - 管理层对未来的市场前景持乐观态度，认为随着澳门博彩市场的持续增长，公司将受益于新项目的实施 [10] - 管理层提到，尽管面临竞争压力，整体市场环境正在趋于理性，有助于提高EBITDA利润率 [31] 其他重要信息 - 公司计划在2025年进行约4亿美元的资本支出，其中约7000万至7500万美元将用于斯里兰卡项目 [44] 问答环节所有提问和回答 问题: 关于黄金周的表现 - 管理层表示，黄金周期间大众投注量同比增长超过20%，并在City of Dreams和Studio City创下多项记录 [23][28] 问题: 关于股息的恢复时间 - 管理层表示，优先考虑债务减少，预计在明年下半年可能恢复支付股息，但需视业务状况而定 [27][50] 问题: 关于促销环境的看法 - 管理层认为促销强度已过高峰，市场正在趋于理性，未来将继续关注EBITDA的提升 [31][32] 问题: 关于未来的股东回报策略 - 管理层表示，未来将根据市场情况灵活决定是否进行股票回购或支付股息 [36][37] 问题: 关于奢侈品消费压力的影响 - 管理层指出，尽管奢侈品消费面临压力，但中国消费者更倾向于体验消费，澳门的旅游和娱乐活动仍然吸引大量游客 [41][42] 问题: 关于未来的资本支出计划 - 管理层预计第四季度的资本支出约为1.15亿美元，2025年目标为4亿美元 [43][44]

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this casino company would post earnings of $0.10 per share when it actually produced earnings of $0.06, delivering a surprise of -40%.Over the last four quarters, the company ...

MACAU, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today reported its unaudited financial results for the third quarter of 2024. Total operating revenues for the third quarter of 2024 were US$1.18 billion, representing an increase of approximately 16% from US$1.02 billion for the comparable period in 2023. The increase in total operating revenues was pri ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and t ...

Melco Resorts (MLCO) closed the last trading session at $7.38, gaining 29.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $9.66 indicates a 30.9% upside potential.The average comprises seven short-term price targets ranging from a low of $6 to a high of $14, with a standard deviation of $2.67. While the lowest estimate indicates a decline of 18.7% from the current price level, t ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. ...

Melco Resorts & Entertainment Limited (NASDAQ: MLCO ) operates casino resorts with locations in Macau with the City of Dreams, Studio City, Altria, and Mocha Clubs resorts, in Philippines with the City of Dreams Manila resort, and in Cyprus with theI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by unders ...

Macao looks poised to benefit.Shares of gambling company Melco Resorts & Entertainment (MLCO 15.93%) jumped as much as 17% in trading on Thursday after news broke that China's political leadership, known as the Politburo, said it would provide "necessary fiscal spending" to meet 5% GDP growth targets. Investors think that could mean more visits to gambling hub Macao, a special administrative region of China, which would help a still-recovering gambling industry. Melco's shares closed the day up roughly 16%. ...

Melco Resorts & Entertainment Limited (MLCO) reported lower-than-expected second-quarter 2024 results with earnings and revenues missing the Zacks Consensus Estimate but increasing on a year-over-year basis.The quarterly performance was backed by increased revenue contributions from casino, rooms and food and beverage. This was partially offset by soft contributions from entertainment, retail and other operations.Furthermore, improved performance in the mass market segment and non-gaming operations, led by ...