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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -40$0.02 per share when it actually produced earnings of $0.04, delivering a surprise of 100%.Over the last four quarters, the company has ...