Melco Resorts & Entertainment Ltd. （MLCO.US）2Q24 results inline： Margin slips on higher costs after stepping upreinvestment； EBITDA to trend more inline with GGR ahead； Buy
MLCOMelco Resorts & Entertainment(MLCO) Goldman Sachs·2024-08-14 10:56

14 August 2024 | 7:11AM HKT Melco Resorts & Entertainment Ltd. (MLCO) Buy 2024 results inline: Margin slips on higher costs after stepping up reinvestment; EBITDA to trend more inline with GGR ahead; Buy MLCO 12m Price Target: 9.70Price:9.70 Price: 5, 17 Upside: 87.6% Asia Leisure ights into Casinos, Airlines, Duty Free Hainan, Hotels, OTA & the Rise of Leisure Simon Cheung, CFA +852-2978-6102 | simon.cheung@gs.com Goldman Sachs (Asia) L.L.C. Alpha Wang +852-2978-1984 | alpha.wang@gs.com Goldman Sachs (Asia) L.L.C. ...