Melco Resorts and Enter Q2 Adj. EPS $0.06 Misses $0.07 Estimate, Sales $1.252B Miss $1.275B Estimate
Melco Resorts and Enter (NASDAQ:MLCO) reported quarterly earnings of $0.06 per share which missed the analyst consensus estimate of $0.07 by 14.29 percent. This is a 73.91 percent decrease over earnings of $0.23 per
Melco Resorts made less money than people expected in the last three months—both in profits and total sales. When a company earns less than experts predicted, it suggests the business is facing tough times, so it's worth watching how they respond next.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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