Melco Resorts & Entertainment Earnings beat, Revenue misses In Q4

  • Investing.com
Melco Resorts & Entertainment Earnings beat, Revenue misses In Q4

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

The firm reported earnings per share of $-0.34 on revenue of $480.6M. Analysts polled by Investing.com expected EPS of $-0.5688 on revenue of $576.8M. .

Melco Resorts & Entertainment shares lost 3.79% to trade at $9.64 in intra-day trade following the report.

For the year, Melco Resorts & Entertainment shares are down 5.3%, outperforming the Nasdaq which is down 12.29% year to date.

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


On Thursday, February 3, 2022, Amazon.com reported fourth quarter EPS of $27.75 on revenue of $137.41B, compared to forecasts of EPS of $3.61 on revenue of $137.68B.

Home Depot earnings beat analyst's expectations on Tuesday, February 22, 2022, with fourth quarter EPS of $3.21 on revenue of $35.72B. Investing.com analysts expected EPS of $3.18 on revenue of $34.88B

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

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