MLCO241108C2000
- 4.77
- 0.000.00%
Melco Resorts and Entertainment Newsroom
Melco Resorts & Entertainment Limited (MLCO) Q3 2024 Earnings Call Transcript
Melco Int'l Dev (00200): In the third quarter, Melco Resorts and Entertainment's attributable net revenue was $27.572 million, turning losses into gains year-on-year.
Melco Int'l Dev (00200) announced melco resorts and entertainment's performance for the third quarter of 2024, with total operating income of 11...
Melco Resorts & Entertainment Swings to Q3 Adjusted Earnings as Operating Revenue Rises
Melco Resorts & Entertainment Non-GAAP EPADS of $0.08 Beats by $0.07, Revenue of $1.18B Beats by $20M
Melco Shares Are Trading Higher Following Q3 Earnings.
Melco Resorts and Enter Q3 EPADS $0.06, Sales $1.180B Miss $1.206B Estimate
Melco Resorts 3Q Rev $1.18B >MLCO
Melco Resorts 3Q Adj EPS 3c >MLCO
Melco Resorts 3Q Net $27.3M >MLCO
Goldman Sachs rating: Macau gaming industry valuation is still not high, maintaining buy ratings on Wynn Macau, Sands China, etc.
The Goldman Sachs research report released on November 5 by Grong Hui pointed out that Macau's gambling revenue in October increased by 7% year-on-year to 20.8 billion Macau dollars, reaching 79% of the 2019 level. The bank predicts that Macau's gambling revenue will slow down to flat year-on-year later or, calculated by traditional seasonal factors, it is expected that daily gambling revenue will range between 0.56 billion and 0.63 billion Macau dollars. Looking ahead to next year, most Macau casino operators, except for Galaxy Ent, have limited capital expenditures on expansion or upgrades, and the industry's valuation remains relatively low. The bank maintains a "buy" rating for Galaxy Ent, Sands China, Wynn Macau, and Melco.
Here's the Major Earnings Before the Open Tomorrow
Earnings Outlook For Melco Resorts and Enter
Is Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Trading At A 50% Discount?
Earnings Preview: MLCO to Report Financial Results Pre-market on November 05
$Melco Resorts and Entertainment(MLCO.US)$ is scheduled to release its financial results pre-market on November 05 ET. Earnings PreviewAnalysts estimate $Melco Resorts and Entertainment(MLCO.US)$ to
Earnings Preview: MLCO to Report Financial Results on November 05
$Melco Resorts and Entertainment(MLCO.US)$ is scheduled to release its financial results on November 05 ET. Earnings PreviewAnalysts estimate $Melco Resorts and Entertainment(MLCO.US)$ to post
Studio City Announces Earnings Release Date
Melco Announces Earnings Release Date
SIG Maintains Melco Resorts and Entertainment(MLCO.US) With Buy Rating, Cuts Target Price to $10
CICC's rating and target price for Macau gambling stocks in "Dah Sing" (table).
CICC has released a research report on the investment ratings and target prices of Macau gaming stocks as follows: Stock | Investment Rating | Target Price (HKD) Galaxy Ent (00027.HK) | Outperform | 42 Sands China (01928.HK) | Outperform | 22.8 MGM China (02282.HK) | Outperform | 16.8 Wynn Macau (01128.HK) | Outperform | 8.8 SJM Holdings (00880.HK) | Neutral | 3 Melco Resorts and Entertainment (MLCO.US) |
US stock market outlook: Chinese assets collectively rise before the market! YINN surged more than 15%, bilibili rose more than 7%; Goldman Sachs: debt conversion is the first step in China's fiscal big move, which will stimulate economic growth.
Trump claimed to have received a 'plea for help' call from Cook, involving Apple being fined heavily by the European Union; Is there still an 'undercurrent' behind the bull market of US stocks? Goldman Sachs: The rise of the US dollar is a major threat; The gold price continues to hit new highs! As risk aversion heats up, spot gold rises above $2,700.