Here's What Key Metrics Tell Us About Melco (MLCO) Q4 Earnings

Melco Resorts (MLCO) reported $1.09 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 224.4%. EPS of $0.13 for the same period compares to -$0.51 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.09 billion, representing a surprise of +0.64%. The company delivered an EPS surprise of +333.33%, with the consensus EPS estimate being $0.03.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...