| Melco Resorts & Entertainment Limited (MLCO) Q1 2025 Earnings Call Transcript |
Melco Resorts & Entertainment Limited (NASDAQ:MLCO ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Jeanny Kim – Senior Vice President, Group Treasurer Lawrence Ho – Chief Executive Officer Geoff Davis – Executive Vice President and Chief Financial Officer Evan Winkler - President Conference Call Participants George Choi – Citi Ricardo Chinchilla – Deutsche Bank Joe Stauff – Susquehanna Praveen Choudhary – Morgan Stanley John DeCree – CBRE Operator Ladies and gentlemen, thank you for participating in the First Quarter 2025 Earnings Conference Call of Melco Resorts & Entertainment Limited. At this time, all participants are in listen-only mode. |
seekingalpha.com |
2025-05-08 17:01:41 |
Czytaj oryginał (ang.) |
| Here's What Key Metrics Tell Us About Melco (MLCO) Q1 Earnings |
While the top- and bottom-line numbers for Melco (MLCO) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-05-08 16:00:43 |
Czytaj oryginał (ang.) |
| Melco Resorts (MLCO) Q1 Earnings and Revenues Surpass Estimates |
Melco Resorts (MLCO) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $0.04 per share a year ago. |
zacks.com |
2025-05-08 14:25:29 |
Czytaj oryginał (ang.) |
| Melco Announces Unaudited First Quarter 2025 Earnings |
MACAU, May 08, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today reported its unaudited financial results for the first quarter of 2025. Total operating revenues for the first quarter of 2025 were US$1.23 billion, representing an increase of approximately 11% from US$1.11 billion for the comparable period in 2024. |
globenewswire.com |
2025-05-08 12:00:00 |
Czytaj oryginał (ang.) |
| Melco Announces Earnings Release Date |
MACAU, May 02, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that it will release its unaudited financial results for the first quarter of 2025 on Thursday, May 8, 2025 to be followed by a conference call on the same day at 8:30 a.m. Eastern Time (or 8:30 p.m. Singapore Time). |
globenewswire.com |
2025-05-02 11:34:00 |
Czytaj oryginał (ang.) |
| Melco publishes Company's annual sustainability report “RISE to go Above & Beyond” |
MACAU, April 29, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has announced the publication of its sustainability report for the year 2024 (link). The strategy continues to guide the Company to go “Above & Beyond” -- to strive to achieve its commitments to restoring the environment, inspiring its people and communities, sustaining its supply chain and empowering its business to impact positive change. As Melco's strategy, pillar goals and targets evolve in response to shifting environments through wide-reaching efforts as highlighted in the report, the Company aims to actively engage stakeholders on its journey towards a climate-fit and equitable future. |
globenewswire.com |
2025-04-29 11:17:00 |
Czytaj oryginał (ang.) |
| Earnings Preview: Melco Resorts (MLCO) Q1 Earnings Expected to Decline |
Melco (MLCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-22 15:06:01 |
Czytaj oryginał (ang.) |
| Melco Resorts & Entertainment: I'm Starting To See A Brighter Tomorrow |
Melco Resorts & Entertainment aims to sell City of Dreams Manila to fund a new casino in Thailand, an emerging gambling market. Despite high debt and suspended dividends, MLCO's share buybacks and positive post-COVID recovery enhance shareholder value. Thailand's potential legalization of gambling offers significant growth, making it a strategic move and creating positive motivation to sell Manila. |
seekingalpha.com |
2025-04-04 15:50:54 |
Czytaj oryginał (ang.) |
| Melco Resorts & Entertainment: Discounted Way Into Asia-Pacific Gambling Recovery |
Melco Resorts & Entertainment is shifting to an asset-light model, focusing on operating gaming floors rather than building new properties, to expand its footprint. Despite a 20.6% stock decline due to a crackdown on junkets, Melco's shares are undervalued with key expansions expected to boost earnings in 2025. Melco's Macau operations, including City of Dreams and Studio City, are crucial revenue drivers, with ongoing renovations aimed at attracting high-value customers organically. |
seekingalpha.com |
2025-04-03 02:47:00 |
Czytaj oryginał (ang.) |
| Melco Resorts & Entertainment Limited (MLCO) Q4 2024 Earnings Call Transcript |
Melco Resorts & Entertainment Limited (NASDAQ:MLCO ) Q4 2024 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Jeanny Kim - Senior Vice President, Group Treasurer Lawrence Ho - Chairman & Chief Executive Officer Geoff Davis - Executive Vice President & Chief Financial Officer Evan Winkler - President Conference Call Participants George Choi - Citi Ricardo Chinchilla - Deutsche Bank John DeCree - CBRE Joe Stauff - Susquehanna Praveen Choudhary - MS Operator Ladies and Gentlemen, thank you for participating in the Fourth Quarter 2024 Earnings Conference Call of Melco Resorts and Entertainment Limited. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2025-02-28 13:27:58 |
Czytaj oryginał (ang.) |
| Here's What Key Metrics Tell Us About Melco (MLCO) Q4 Earnings |
The headline numbers for Melco (MLCO) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-02-27 16:00:22 |
Czytaj oryginał (ang.) |
| Melco Resorts (MLCO) Reports Q4 Loss, Tops Revenue Estimates |
Melco Resorts (MLCO) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.08. This compares to earnings of $0.13 per share a year ago. |
zacks.com |
2025-02-27 12:15:31 |
Czytaj oryginał (ang.) |
| Melco Announces Unaudited Fourth Quarter 2024 Earnings |
MACAU, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2024. |
globenewswire.com |
2025-02-27 10:00:00 |
Czytaj oryginał (ang.) |
| Melco Announces Exploration of Strategic Alternatives in Relation to City of Dreams Manila |
MACAU, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today announced that it is evaluating potential strategic alternatives in relation to City of Dreams Manila. Melco Resorts Leisure (PHP) Corporation (“Melco Resorts Leisure”), a subsidiary of Melco, manages and operates City of Dreams Manila pursuant to an operating agreement entered into by, among others, Melco Resorts Leisure, certain other subsidiaries of Melco and PremiumLeisure and Amusement, Inc. Melco has retained CBRE Capital Advisors, Inc. and Moelis & Company LLC as financial advisors to assist in the process of exploring potential strategic alternatives for City of Dreams Manila. |
globenewswire.com |
2025-02-27 09:30:00 |
Czytaj oryginał (ang.) |
| Melco Announces Earnings Release Date |
MACAU, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that it will release its unaudited financial results for the fourth quarter and year ended December 31, 2024 on Thursday, February 27, 2025 to be followed by a conference call on the same day at 8:30 a.m. Eastern Time (or 9:30 p.m. Singapore Time). |
globenewswire.com |
2025-02-24 08:37:00 |
Czytaj oryginał (ang.) |
| Melco earns global recognition for corporate sustainability |
- Included in the S&P Global Sustainability Yearbook 2025 - Studio City Phase 2 receives BREEAM New Construction “Excellent” rating |
globenewswire.com |
2025-02-17 06:23:00 |
Czytaj oryginał (ang.) |
| Melco leads with the most Five-Star awards in Macau and Asia in the 2025 Forbes Travel Guide |
MACAU, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment announces its achievements in the newly released 2025 Forbes Travel Guide (FTG), further excelling this year in its lead among integrated resorts in Asia and topping the competition across all of Macau. With three new FTG Five-Star awards granted to Melco across the Hotel, Restaurant and Spa categories, including for Studio City's Epic Tower, The Spa at Epic Tower and Altira Macau's Aurora restaurant, the Company has attained the most Five-Star awards in Macau and Asia with a record total of 107 stars. |
globenewswire.com |
2025-02-12 11:05:00 |
Czytaj oryginał (ang.) |
| Melco Resorts & Entertainment Limited (MLCO) Q3 2024 Earnings Call Transcript |
Melco Resorts & Entertainment Limited (NASDAQ:MLCO ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Jeanny Kim - Senior Vice President, Group Treasurer Evan Winkler - President Lawrence Ho - Chairman and CEO Geoffrey Davis - EVP and CFO Conference Call Participants George Choi - Citi John DeCree - CBRE Luis Ricardo Chinchilla - Deutsche Bank Praveen Choudhary - Morgan Stanley Simon Cheung - Goldman Sachs Operator Ladies and Gentlemen, thank you for participating in the Third Quarter 2024 Earnings Conference Call of Melco Resorts and Entertainment Limited. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2024-11-05 13:53:08 |
Czytaj oryginał (ang.) |
| Melco (MLCO) Reports Q3 Earnings: What Key Metrics Have to Say |
The headline numbers for Melco (MLCO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2024-11-05 13:01:31 |
Czytaj oryginał (ang.) |
| Melco Resorts (MLCO) Q3 Earnings and Revenues Miss Estimates |
Melco Resorts (MLCO) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to loss of $0.03 per share a year ago. |
zacks.com |
2024-11-05 12:16:15 |
Czytaj oryginał (ang.) |
| Melco Announces Unaudited Third Quarter 2024 Earnings |
MACAU, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today reported its unaudited financial results for the third quarter of 2024. |
globenewswire.com |
2024-11-05 10:00:00 |
Czytaj oryginał (ang.) |
| Should Value Investors Buy Melco Resorts & Entertainment Limited (MLCO) Stock? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-11-01 12:46:20 |
Czytaj oryginał (ang.) |
| Melco Announces Earnings Release Date |
MACAU, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that it will release its unaudited financial results for the third quarter of 2024 on Tuesday, November 5, 2024 to be followed by a conference call on the same day at 8:30 a.m. Eastern Time (or 9:30 p.m. Singapore Time). |
globenewswire.com |
2024-10-30 08:32:00 |
Czytaj oryginał (ang.) |
| Wall Street Analysts Predict a 30.89% Upside in Melco (MLCO): Here's What You Should Know |
The average of price targets set by Wall Street analysts indicates a potential upside of 30.9% in Melco (MLCO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock. |
zacks.com |
2024-10-16 14:55:41 |
Czytaj oryginał (ang.) |
| Are Investors Undervaluing Melco Resorts & Entertainment Limited (MLCO) Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-10-16 14:45:34 |
Czytaj oryginał (ang.) |
| US-Listed Casino and Copper Stocks Surge Following Chinese Stimulus Measures |
Since China launched a series of stimulus measures, US-listed casino and copper stocks have performed exceptionally well. A research company is suggesting investors consider buying these stocks. |
gurufocus.com |
2024-10-02 00:10:40 |
Czytaj oryginał (ang.) |
| Melco Resorts Has Been Left Financially Distressed |
Melco Resorts & Entertainment has faced significant challenges in past years from China's response to COVID, as tourism in Macau has suffered greatly. While Macau's tourism has recovered and the Chinese economy looks to gain from stimulus measures, remaining strict VIP casino guidelines continue to pressure the overall performance. Melco's relatively low margin level and high debt leverage risks to investors, and pose a major risk. Melco's real estate holdings should still provide a good safety net. |
seekingalpha.com |
2024-10-01 10:32:33 |
Czytaj oryginał (ang.) |
| Casino Stocks Were the Big Winners This Week |
China announced a stimulus that is aimed at reaching the country's 5% GDP growth goal. Investors are betting that one area to benefit from stimulus is Macao's casinos. |
fool.com |
2024-09-27 18:25:46 |
Czytaj oryginał (ang.) |
| Melco Resorts Stock's Big Boost From China's Stimulus Plans |
China will provide "necessary fiscal spending" to kick-start a sluggish economy. The stock market in China has struggled recently, and this news brought it back to life. |
fool.com |
2024-09-26 20:29:00 |
Czytaj oryginał (ang.) |
| Why Chinese Stocks Are Jumping on Tuesday |
The People's Bank of China has announced a series of stimulus measures to boost GDP growth in 2024. Reuters calls the measures, which include interest rate cuts and new financing for stock buybacks, China's "biggest stimulus since the pandemic. |
fool.com |
2024-09-24 14:53:37 |
Czytaj oryginał (ang.) |
| Macau Casinos Face Regulatory Challenges: Can They Stay in the Game? |
Macau's casino industry faces intense regulatory scrutiny, economic pressures and shifting investor sentiment. |
zacks.com |
2024-09-11 16:37:10 |
Czytaj oryginał (ang.) |
| Melco (MLCO) Q2 Earnings & Revenues Miss Estimates, Rise Y/Y |
Melco's (MLCO) second-quarter 2024 results reflect improved performance in the mass market segment and non-gaming operations. Yet, high costs and expenses partially mar prospects. |
zacks.com |
2024-08-14 18:40:26 |
Czytaj oryginał (ang.) |
| Melco Resorts & Entertainment Limited (MLCO) Q2 2024 Earnings Call Transcript |
Melco Resorts & Entertainment Limited (NASDAQ:MLCO ) Q2 2024 Earnings Conference Call August 13, 2024 8:30 AM ET Company Participants Jeanny Kim - Senior Vice President, Group Treasurer Evan Winkler - President Lawrence Ho - Chairman and CEO Geoff Davis - EVP and CFO Conference Call Participants George Choi - Citi Ricardo Chinchilla - Deutsche Bank John DeCree - CBRE Praveen Choudhary - Morgan Stanley Operator Ladies and gentlemen, thank you for participating in the Second Quarter 2024 Earnings Conference Call of Melco Resorts and Entertainment Limited. At this time, all participants are in listen-only mode. |
seekingalpha.com |
2024-08-13 19:04:09 |
Czytaj oryginał (ang.) |
| Compared to Estimates, Melco (MLCO) Q2 Earnings: A Look at Key Metrics |
While the top- and bottom-line numbers for Melco (MLCO) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2024-08-13 15:02:11 |
Czytaj oryginał (ang.) |
| Melco Resorts (MLCO) Q2 Earnings and Revenues Lag Estimates |
Melco Resorts (MLCO) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.02 per share a year ago. |
zacks.com |
2024-08-13 14:16:13 |
Czytaj oryginał (ang.) |
| Melco Announces Unaudited Second Quarter 2024 Earnings |
MACAU, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today reported its unaudited financial results for the second quarter of 2024. |
globenewswire.com |
2024-08-13 12:00:00 |
Czytaj oryginał (ang.) |
| Unveiling Melco (MLCO) Q2 Outlook: Wall Street Estimates for Key Metrics |
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Melco (MLCO), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024. |
zacks.com |
2024-08-08 14:15:27 |
Czytaj oryginał (ang.) |