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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.
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.
MACAU, Aug. 07, 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 second quarter of 2024 on Tuesday, August 13, 2024 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).
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.
SKIL, INKT, MLCO, GTLB, and HRTX have been added to the Zacks Rank #1 (Strong Buy) List on July 11, 2024.
The heavy selling pressure might have exhausted for Melco (MLCO) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
MACAU, June 27, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has been awarded the talent development industry's most rigorous and coveted recognition, 2024 BEST Award by Association for Talent Development (ATD). Globally, the award recognizes organizations that demonstrate enterprise-wide success through talent development. The accolade recognizes Melco's “Whole Person Development” philosophy, a holistic system for development and growth.
Wall Street loves to back a winner. Nvidia (NASDAQ: NVDA ) just became the most valuable stock on the market with a $3.33 trillion valuation and at least one analyst thinks it can add another 50% by next January.
Melco Resorts & Entertainment is benefiting from a tourism rebound in Macau. The company's casino operations are driving strong growth.
Although the revenue and EPS for Melco (MLCO) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.