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

$7.46
-0.19 (-2.48%)
(As of 06/28/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 6Estimated
Actual EPS
(Apr. 30)
$0.04 Beat By $0.02
Consensus EPS
(Apr. 30)
$0.02
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$0.10$0.10$0.10
Q4 20241$0.13$0.13$0.13

MLCO Earnings Date and Information

Melco Resorts & Entertainment last released its earnings results on April 30th, 2024. The reported $0.04 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.02. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.11 billion. Its revenue was up 55.2% on a year-over-year basis. Melco Resorts & Entertainment has generated ($0.42) earnings per share over the last year (($0.42) diluted earnings per share). Earnings for Melco Resorts & Entertainment are expected to grow by 96.67% in the coming year, from $0.30 to $0.59 per share. Melco Resorts & Entertainment has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, August 6th, 2024 based off prior year's report dates.

Melco Resorts & Entertainment Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/6/2024
(Estimated)
------- 
4/30/2024Q1 2024$0.02$0.04+$0.02$0.05$1.11 billion$1.11 billion    
2/29/2024Q4 2023$0.03$0.13+$0.10$0.62$1.14 billion$1.09 billion    
11/7/2023Q3 2023$0.02($0.03)($0.05)($0.02)$1.03 billion$1.02 billion    
8/1/2023Q2 2023($0.14)($0.02)+$0.12$0.01$881.75 million$947.94 million
5/10/2023Q1 2023($0.35)($0.14)+$0.21($0.10)$713.04 million$716.48 million
3/1/2023Q4 2022($0.60)($0.51)+$0.09($0.45)$406.81 million$337.09 million    
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11/2/2022Q3 2022($0.56)($0.52)+$0.04($0.51)$305.79 million$241.84 million
8/18/2022Q2 2022($0.52)($0.51)+$0.01($0.49)$383.51 million$296.11 million
5/5/2022Q1 2022($0.39)($0.37)+$0.02($0.35)$499.71 million$474.95 million
3/1/2022Q4 2021($0.40)($0.32)+$0.08($0.30)$576.80 million$480.60 million    
11/9/2021Q3 2021($0.38)($0.43)($0.05)($0.37)$508.65 million$446.40 million    
7/27/2021Q2 2021($0.31)($0.35)($0.04)($0.31)$594.49 million$566.44 million    
4/28/2021Q1 2021($0.36)($0.49)($0.13)($0.39)$704.33 million$518.90 million  
2/25/2021Q4 2020($0.60)($0.40)+$0.20($0.38)$526.82 million$528.00 million  
11/5/2020Q3 2020($0.91)($0.66)+$0.25($0.62)$299.78 million$212.90 million  
8/20/2020Q2 2020($1.15)($0.77)+$0.38($0.67)$187.31 million$175.80 million  
5/14/2020Q1 2020($0.59)($0.72)($0.13)($0.68)$631.64 million$811.18 million  
2/20/2020Q4 2019$0.32$0.19($0.13)$0.24$1.43 billion$1.45 billion  
10/30/2019Q3$0.27$0.24($0.03)$0.31$1.41 billion$1.44 billion  
7/24/2019Q2$0.20$0.24+$0.04$0.26$1.32 billion$1.44 billion

Melco Resorts & Entertainment Earnings - Frequently Asked Questions

When is Melco Resorts & Entertainment's earnings date?

Melco Resorts & Entertainment has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, August 6th, 2024 based off last year's report dates. Learn more on MLCO's earnings history.

Did Melco Resorts & Entertainment beat their earnings estimates last quarter?

In the previous quarter, Melco Resorts & Entertainment (NASDAQ:MLCO) reported $0.04 earnings per share (EPS) to beat the analysts' consensus estimate of $0.02 by $0.02. Learn more on analysts' earnings estimate vs. MLCO's actual earnings.

How can I listen to Melco Resorts & Entertainment's earnings conference call?

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

How can I read Melco Resorts & Entertainment's conference call transcript?

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

How much revenue does Melco Resorts & Entertainment generate each year?

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

How much profit does Melco Resorts & Entertainment generate each year?

Melco Resorts & Entertainment (NASDAQ:MLCO) has a recorded net income of -$326.92 million. MLCO has generated -$0.42 earnings per share over the last four quarters.

What is Melco Resorts & Entertainment's price-to-earnings ratio?

Melco Resorts & Entertainment (NASDAQ:MLCO) has a forward price-to-earnings ratio of 24.87. The price/earnings-to-growth ratio is 0.52.

What is Melco Resorts & Entertainment's EPS forecast for next year?

Melco Resorts & Entertainment's earnings are expected to grow from $0.30 per share to $0.59 per share in the next year, which is a 96.67% increase.


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This page (NASDAQ:MLCO) was last updated on 6/30/2024 by MarketBeat.com Staff

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