Melco (MLCO) Q2 Earnings & Revenues Miss Estimates, Rise Y/Y
Melco Resorts & Entertainment(MLCO) ZACKS·2024-08-15 02:40
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 ...