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Services | Resorts & Casinos | Hong Kong
Melco: 4Q Earnings Snapshot
HONG KONG (AP) _ Melco Resorts and Entertainment Ltd. (MLCO) on Tuesday reported fourth-quarter earnings of $128 million.
The Hong Kong-based company said it had profit of 27 cents per share. Earnings, adjusted for non-recurring costs, came to 31 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.
The casino company posted revenue of $1.4 billion in the period.
For the year, the company reported profit of $351.5 million, or 72 cents per share. Revenue was reported as $5.16 billion.
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https://finance.yahoo.com/news/melco-4q-...18477.html
![[Bild: MLCOc0wl1526.png]](https://finviz.com/publish/021919/MLCOc0wl1526.png)
Melco: 4Q Earnings Snapshot
HONG KONG (AP) _ Melco Resorts and Entertainment Ltd. (MLCO) on Tuesday reported fourth-quarter earnings of $128 million.
The Hong Kong-based company said it had profit of 27 cents per share. Earnings, adjusted for non-recurring costs, came to 31 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.
The casino company posted revenue of $1.4 billion in the period.
For the year, the company reported profit of $351.5 million, or 72 cents per share. Revenue was reported as $5.16 billion.
...
https://finance.yahoo.com/news/melco-4q-...18477.html
