Melco Resorts (MLCO) Q1 Earnings and Revenues Surpass Estimates

Group 1: Earnings Performance - Melco Resorts reported quarterly earnings of $0.12 per share, exceeding the Zacks Consensus Estimate of a loss of $0.01 per share, and up from earnings of $0.04 per share a year ago, representing an earnings surprise of 1,300% [1] - The company posted revenues of $1.23 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.76%, compared to year-ago revenues of $1.11 billion [2] Group 2: Stock Performance and Outlook - Melco shares have declined approximately 2.6% since the beginning of the year, while the S&P 500 has decreased by 4.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.01 on revenues of $1.18 billion, and for the current fiscal year, it is $0.11 on revenues of $4.85 billion [7] Group 3: Industry Context - The Gaming industry, to which Melco belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Another company in the same industry, Super League Enterprise, is expected to report a quarterly loss of $0.30 per share, reflecting a year-over-year change of +70% [9]