Melco Resorts & Entertainment Earnings beat, Revenue misses In Q3

  • Investing.com
Melco Resorts & Entertainment Earnings beat, Revenue misses In Q3

Investing.com - Melco Resorts & Entertainment reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.

The firm reported earnings per share of $-0.53 on revenue of $241.8M. Analysts polled by Investing.com anticipated EPS of $-0.54 on revenue of $313.15M. .

Melco Resorts & Entertainment shares lost 0.53% to trade at $5.67 in pre-market trade following the report.

For the year, Melco Resorts & Entertainment shares are down 24.15%, under-performing the STOXX 600 which is down 15.1% year to date.

Melco Resorts & Entertainment follows other major Consumer Discretionary sector earnings this month


On Thursday, October 27, 2022, Amazon.com reported third quarter EPS of $0.28 on revenue of $127.1B, compared to forecasts of EPS of $0.22 on revenue of $127.76B.

Tesla earnings beat analyst's expectations on Wednesday, October 19, 2022, with third quarter EPS of $1.05 on revenue of $21.45B. Investing.com analysts expected EPS of $1.03 on revenue of $22.5B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100