Melco Resorts (MLCO) Q2 Earnings and Revenues Lag Estimates
MLCOMelco Resorts & Entertainment(MLCO) ZACKS·2024-08-13 22:16

Melco Resorts (MLCO) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -40%. A quarter ago, it was expected that this casino company would post earnings of $0.02 per share when it actually produced earnings of $0.04, delivering a surprise of 100%.Over the last four quarters, the company has ...