Melco Resorts (MLCO) Q3 Earnings and Revenues Miss Estimates
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Melco Resorts (MLCO) reported Q3 earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.09 per share. This is an improvement from a loss of $0.03 per share a year ago.
November 05, 2024 | 3:30 pm
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Melco Resorts reported Q3 earnings of $0.08 per share, missing the expected $0.09. Despite the miss, this is an improvement from last year's loss of $0.03 per share.
The earnings miss is likely to have a negative short-term impact on MLCO's stock price as it failed to meet analyst expectations. However, the improvement from last year's loss may mitigate some negative sentiment.
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