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Melco Resorts and Entertainment Newsroom
Macau Casino Revenue Is Improving, but the U.S. Election Results Have Clouded the Investor Outlook
An Intrinsic Calculation For Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Suggests It's 37% Undervalued
10 trillion debt-for-equity swap, real estate tax policies will be introduced in the near future... One article to understand the NPC press conference
Starting from 2024, China will allocate 800 billion yuan from the annual increase in local government special bonds for five consecutive years, specifically for debt restructuring, with a cumulative potential to replace 4 trillion yuan in hidden debt. In addition, with the 6 trillion yuan debt ceiling approved by the National People's Congress Standing Committee this time, it will directly increase local debt resources by 10 trillion yuan.
Seaport Global Maintains Melco Resorts and Entertainment(MLCO.US) With Buy Rating, Maintains Target Price $11
J.P. Morgan Maintains Melco Resorts and Entertainment(MLCO.US) With Hold Rating, Raises Target Price to $7
Melco Resorts and Entertainment | 6-K: Report of foreign private issuer (related to financial reporting)
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