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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.11$0.10 per share when it actually produced earnings of $0.06, delivering a surprise of -40%.Over the last four quarters, the company ...