Free Trial

Melco Resorts & Entertainment (MLCO) Earnings Date, Estimates & Call Transcripts

Melco Resorts & Entertainment logo
$6.05 +0.07 (+1.17%)
(As of 11/20/2024 ET)

Melco Resorts & Entertainment Latest Earnings Summary

Upcoming Q3
Earnings Date
Mar. 6Estimated
Actual EPS
(Aug. 13)
$0.05 Missed By -$0.05
Consensus EPS
(Aug. 13)
$0.10

Melco Resorts & Entertainment posted Q2 2024 earnings on August 13, 2024, reporting an EPS of $0.05, which missed the consensus estimate of $0.10 by $0.05. Quarterly revenue rose 22.3% year-over-year to $1.16 billion, below analysts' expectations of $1.16 billion. With a trailing EPS of -$0.22, Melco Resorts & Entertainment's earnings are expected to grow 100.00% next year, from $0.17 to $0.34 per share.

MLCO Upcoming Earnings

Melco Resorts & Entertainment's next earnings date is estimated for Thursday, March 6, 2025, based off prior year's reporting schedules.

Get Melco Resorts & Entertainment Earnings Alerts

Want to stay updated on the latest earnings announcements and upcoming reports? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Melco Resorts & Entertainment and other key companies, straight to your inbox.

Sign Up
Skip Charts & View Estimated and Actual Earnings Data

MLCO Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MLCO Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Melco Resorts & Entertainment Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20241$0.08$0.08$0.08
Q3 20241$0.09$0.09$0.09
Q4 20241$0.07$0.07$0.07

Melco Resorts & Entertainment Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
3/6/2025
(Estimated)
------- 
8/13/2024Q2 2024$0.10$0.05 -$0.05$0.07$1.16B$1.16B        
4/30/2024Q1 2024$0.02$0.04+$0.02$0.05$1.11B$1.11B        
2/29/2024Q4 2023$0.03$0.13+$0.10$0.62$1.14B$1.09B        
11/7/2023Q3 2023$0.02-$0.03 -$0.05-$0.02$1.03B$1.02B        
8/1/2023Q2 2023-$0.14-$0.02+$0.12$0.01$881.75M$947.94M    
5/10/2023Q1 2023-$0.35-$0.14+$0.21-$0.10$713.04M$716.48M    
3/1/2023Q4 2022-$0.60-$0.51+$0.09-$0.45$406.81M$337.09M        

Melco Resorts & Entertainment Earnings - Frequently Asked Questions

Melco Resorts & Entertainment has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, March 6th, 2025 based off last year's report dates. Learn more on MLCO's earnings history.

In the previous quarter, Melco Resorts & Entertainment (NASDAQ:MLCO) missed the analysts' consensus estimate of $0.10 by $0.05 with a reported earnings per share (EPS) of $0.05. Learn more on analysts' earnings estimate vs. MLCO's actual earnings.

The conference call for Melco Resorts & Entertainment's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Melco Resorts & Entertainment's latest earnings report can be read online.
Read Transcript

Melco Resorts & Entertainment (NASDAQ:MLCO) has a recorded annual revenue of $3.78 billion.

Melco Resorts & Entertainment (NASDAQ:MLCO) has a recorded net income of -$326.92 million. MLCO has generated -$0.22 earnings per share over the last four quarters.

Melco Resorts & Entertainment (NASDAQ:MLCO) has a forward price-to-earnings ratio of 35.59. The price/earnings-to-growth ratio is 0.87.

Melco Resorts & Entertainment's earnings are expected to grow from $0.17 per share to $0.34 per share in the next year, which is a 100.00% increase.

`

More Earnings Resources from MarketBeat



This page (NASDAQ:MLCO) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners