Melco Resorts Exceeds Q3 Earnings and Revenue Estimates, Zacks Consensus Estimate of $0.11 Per Share Beaten by $0.10 Per Share

Melco Resorts (MLCO) reported Q3 earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.11 per share and a year-ago earnings of $0.08 per share. Revenues were $1.31 billion, surpassing the Zacks Consensus Estimate by 1.91%. The company has surpassed consensus EPS estimates three times over the last four quarters. Shares have added about 39.9% since the beginning of the year.