Seeking Alpha·3d ago
Melco Resorts & Entertainment Limited (MLCO) Q3 2026 Earnings Call TranscriptMelco Resorts & Entertainment Limited (MLCO) Q3 2026 Earnings Call Transcript
Melco's post-pandemic recovery appears to have peaked, with revenue growth decelerating to a -5.6% year-over-year decline in Q2 2026 and gross margins compressing sharply to 24.4% from a peak of 38.8% due to the fixed, high-rate Macau gaming tax structure.
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 4, 2026 | $0.02+166.7% vs -$0.03 | $1.2B-3.3% vs $1.2B |
Q3 2026 Aug 13, 2026 | $0.06+0.0% vs $0.06 | $1.3B-1.0% vs $1.3B |
Q2 2026 Apr 30, 2026 | $0.21+61.5% vs $0.13 | $1.4B+3.6% vs $1.3B |
Q1 2026 Feb 12, 2026 | $0.14+16.7% vs $0.12 | $1.3B+1.6% vs $1.3B |
Melco Resorts & Entertainment Limited (MLCO) Q3 2026 Earnings Call Transcript
Melco Resorts & Entertainment NASDAQ: MLCO reported third-quarter 2026 adjusted property EBITDA of approximately $288 million, or about $298 million after adjusting for VIP hold, as the Macau gaming market remained highly competitive and the company continued to emphasize cost discipline, customer acquisition and capital returns.
Although the revenue and EPS for Melco (MLCO) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Melco Resorts (MLCO) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to earnings of $0.21 per share a year ago.
Benchmark MLCO against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Melco Resorts & Entertainment Limited (MLCO)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $4.51 | $1.75B | 10.39 | 11.32% | 3.15% | — | 0% | |
| $40.73 | $26.38B | 15.90 | 15.22% | 12.05% | 146.8% | 2.95% | |
| $83.11 | $8.63B | 22.49 | 0.14% | 5.2% | — | 2.02% | |
| $32.34 | $8.14B | 11.73 | 1.72% | 3.92% | 20.79% | — | |
| $29.23 | $5.95B | -11.19 | 2.14% | -4.55% | -14.93% | — | |
| $76.57 | $5.56B | 11.14 | 4.12% | 12.29% | 19.91% | 0.93% |
Melco Resorts & Entertainment Limited (MLCO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Melco Resorts & Entertainment Limited (MLCO) stock FAQ — growth, dividends, profitability & financials explained
Melco Resorts & Entertainment Limited (MLCO) reported $5.09B in revenue over the trailing twelve months. Revenue was $5.16B in fiscal year 2025. That is 84949% more than the $6.1M of fiscal year 2004.
Melco Resorts & Entertainment Limited (MLCO) grew revenue by 0.6% over the trailing twelve months, compared with the twelve months before.
Yes. Melco Resorts & Entertainment Limited (MLCO) earned $160.4M in net income over the trailing twelve months (a 3.2% net margin).
Melco Resorts & Entertainment Limited (MLCO) does not currently pay a meaningful dividend.
Melco Resorts & Entertainment Limited (MLCO) generated $476.1M in free cash flow in fiscal year 2025.
