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Melco Resorts (MLCO) Q3 Earnings and Revenues Beat Estimates

Melco Resorts (MLCO) came out with quarterly earnings of 0.21pershare,beatingtheZacksConsensusEstimateof0.21 per share, beating the Zacks Consensus Estimate of 0.11 per share. This compares to earnings of 0.08pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+90.910.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +90.91%. A quarter ago, it was expected that this casino company would post earnings of 0.09 per share when it actually produced earnings of $0.23, delivering a surprise of +155.56%.Over the last four quarters, the ...