Melco Resorts (MLCO) Reports Q4 Loss, Tops Revenue Estimates
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Melco Resorts (MLCO) reported a Q4 loss of $0.01 per share, beating the Zacks Consensus Estimate of a $0.08 loss. This is a decline from last year's earnings of $0.13 per share.
February 27, 2025 | 3:30 pm
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Melco Resorts reported a smaller-than-expected Q4 loss of $0.01 per share, surpassing the Zacks Consensus Estimate of a $0.08 loss. This indicates better-than-expected performance despite a decline from last year's earnings.
The better-than-expected earnings report suggests a positive short-term impact on MLCO's stock price. Although the company reported a loss, it was significantly smaller than anticipated, which is likely to be viewed favorably by investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100