Melco Resorts & Entertainment (MLCO) Expected to Announce Quarterly Earnings on Thursday

Key Points

• Melco Resorts & Entertainment is expected to announce its Q2 2025 earnings on July 31st, with analysts predicting earnings of $0.03 per share and revenue of $1.20 billion.
• The company's latest earnings report showed a revenue of $1.23 billion for the previous quarter, exceeding analysts' expectations and marking a 10.8% increase year-over-year.
• Analysts have set varying price targets for Melco Resorts & Entertainment, with recommendations ranging from a "sell" rating at $4.60 to a "buy" rating with a target price of $11.00.

Melco Resorts & Entertainment (NASDAQ:MLCO - Get Free Report) is expected to post its Q2 2025 quarterly earnings results before the market opens on Thursday, July 31st. Analysts expect Melco Resorts & Entertainment to post earnings of $0.03 per share and revenue of $1.20 billion for the quarter.

Melco Resorts & Entertainment (NASDAQ:MLCO - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.12 earnings per share for the quarter, topping analysts' consensus estimates of ($0.01) by $0.13. Melco Resorts & Entertainment had a net margin of 1.28% and a negative return on equity of 12.58%. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same period in the previous year, the business earned $0.04 EPS. The firm's revenue for the quarter was up 10.8% on a year-over-year basis. On average, analysts expect Melco Resorts & Entertainment to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Melco Resorts & Entertainment Price Performance

NASDAQ MLCO traded up $0.02 during mid-day trading on Wednesday, reaching $8.69. The stock had a trading volume of 2,101,315 shares, compared to its average volume of 4,000,173. Melco Resorts & Entertainment has a 1 year low of $4.55 and a 1 year high of $9.16. The stock has a market cap of $3.65 billion, a PE ratio of 62.61 and a beta of 0.82. The company has a fifty day moving average price of $7.39 and a 200 day moving average price of $6.17.

Hedge Funds Weigh In On Melco Resorts & Entertainment

Several hedge funds and other institutional investors have recently modified their holdings of MLCO. Goldman Sachs Group Inc. lifted its holdings in Melco Resorts & Entertainment by 16.4% in the first quarter. Goldman Sachs Group Inc. now owns 6,015,200 shares of the company's stock worth $31,700,000 after purchasing an additional 846,504 shares during the period. Millennium Management LLC grew its stake in Melco Resorts & Entertainment by 69.3% during the first quarter. Millennium Management LLC now owns 1,915,978 shares of the company's stock worth $10,097,000 after buying an additional 784,403 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in Melco Resorts & Entertainment by 11.1% during the first quarter. Royal Bank of Canada now owns 180,161 shares of the company's stock worth $949,000 after buying an additional 18,010 shares during the last quarter. Institutional investors and hedge funds own 39.62% of the company's stock.

Analyst Upgrades and Downgrades

MLCO has been the topic of a number of recent analyst reports. Bank of America increased their price objective on shares of Melco Resorts & Entertainment from $5.70 to $6.60 and gave the stock a "neutral" rating in a research report on Tuesday, May 20th. Susquehanna raised their price target on shares of Melco Resorts & Entertainment from $8.00 to $10.00 and gave the company a "positive" rating in a research report on Wednesday. JPMorgan Chase & Co. upgraded shares of Melco Resorts & Entertainment from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $7.20 to $9.50 in a research report on Tuesday, July 1st. Citigroup upped their target price on shares of Melco Resorts & Entertainment from $8.60 to $11.00 and gave the stock a "buy" rating in a research note on Wednesday, July 9th. Finally, UBS Group cut shares of Melco Resorts & Entertainment from a "buy" rating to a "sell" rating and set a $4.60 price target for the company. in a research note on Wednesday, April 30th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $8.07.

About Melco Resorts & Entertainment

Melco Resorts & Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment casino resort facilities in Asia. It owns and operates City of Dreams, an integrated casino resort that has 500 gaming tables and 800 gaming machines; approximately 1,400 hotel rooms and suites; a wet stage performance theater with approximately 2,000 seats; approximately 30 restaurants and bars, and 150 retail outlets; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spa and salons, and banquet and meeting facilities.