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Melco Resorts and Enter Q2 Adj. EPS $0.06 Misses $0.07 Estimate, Sales $1.252B Miss $1.275B Estimate

BenzingaBenzinga Newsdesk

Melco Resorts and Enter (NASDAQ:MLCO) reported quarterly earnings of $0.06 per share which missed the analyst consensus estimate of $0.07 by 14.29 percent. This is a 73.91 percent decrease over earnings of $0.23 per

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    Melco Resorts Profit Slumps as Gaming Demand Softens

    Melco Resorts & Entertainment Limited (NASDAQ: MLCO) stock fell Thursday after second-quarter earnings per share of $0.06 and revenue of $1.252 billion missed Wall Street estimates.