* Melco Resorts & Entertainment Ltd is expected to show a rise in quarterly revenue when it reports results on November 5 for the period ending September 30 2024
* The Hong Kong-based company is expected to report a 12.6% increase in revenue to $1.146 billion from $1.02 billion a year ago, according to the mean estimate from 4 analysts, based on LSEG data. (Sales/revenue majority basis is on Net/Operating revenue)
* LSEG's mean analyst estimate for Melco Resorts & Entertainment Ltd is for earnings of 7 cents per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for Melco Resorts & Entertainment Ltd is 9.40, above its last closing price of $6.72.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 0.05 0.03 0.05 Beat -33.2
Mar. 31 2024 0.02 0.03 0.04 Beat 32.1
Dec. 31 2023 -0.01 0.04 -0.36 Missed -1,014
Jan. 1 0001 0.02 0.03 -0.04 Missed -206.3
Jan. -0.08 -0.06 -0.05 Beat 16.9
1 0001
Mar. 31 2023 -0.32 -0.31 -0.18 Beat 41.6
Dec. 31 2022 -0.79 -0.83 -0.57 Beat 32.2
Sep. 30 2022 -0.58 -0.56 -0.18 Beat 68.6
This summary was machine generated November 1 at 14:03 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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