Compared to Estimates, Melco (MLCO) Q2 Earnings: A Look at Key Metrics

Melco Resorts (MLCO) reported $1.16 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 22.3%. EPS of $0.06 for the same period compares to -$0.02 a year ago.The reported revenue represents a surprise of -0.53% over the Zacks Consensus Estimate of $1.17 billion. With the consensus EPS estimate being $0.10, the EPS surprise was -40.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...