Melco Resorts & Entertainment (MLCO) Expected to Release Earnings on Wednesday

Melco Resorts & Entertainment (NASDAQ:MLCO) is anticipated to release its Q3 2026 results before the market opens on Wednesday, November 4th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $1.23 billion for the quarter. Investors may review the information on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 8:30 AM ET.

Melco Resorts & Entertainment (NASDAQ:MLCO) last announced its quarterly earnings results on Thursday, August 13th. The company reported $0.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.06. The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.26 billion. Melco Resorts & Entertainment had a negative return on equity of 23.81% and a net margin of 4.50%. The business’s revenue for the quarter was down 5.7% on a year-over-year basis. During the same quarter last year, the business posted $0.04 earnings per share. On average, analysts expect Melco Resorts & Entertainment to post $0.41 EPS for the current fiscal year and $0.56 EPS for the next fiscal year.

Melco Resorts & Entertainment Stock Up 4.6%

NASDAQ:MLCO opened at $4.12 on Tuesday. Melco Resorts & Entertainment has a 52-week low of $3.67 and a 52-week high of $9.53. The stock has a fifty day simple moving average of $4.54 and a 200-day simple moving average of $5.39. The company has a market capitalization of $1.57 billion, a PE ratio of 6.87, a price-to-earnings-growth ratio of 2.87 and a beta of 0.49.

Analyst Upgrades and Downgrades

Several research firms have weighed in on MLCO. Weiss Ratings restated a “sell (d)” rating on shares of Melco Resorts & Entertainment in a report on Tuesday, August 18th. Citigroup initiated coverage on shares of Melco Resorts & Entertainment in a research report on Monday, October 12th. They set a “buy” rating and a $9.40 target price for the company. Capital One Financial set a $5.50 price target on shares of Melco Resorts & Entertainment in a report on Friday, October 16th. Texas Capital lowered shares of Melco Resorts & Entertainment from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 16th. Finally, CLSA raised shares of Melco Resorts & Entertainment from a “hold” rating to an “outperform” rating and dropped their price objective for the stock from $6.10 to $6.00 in a research note on Friday, July 10th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $6.83.

Melco Resorts & Entertainment Company Profile

Melco Resorts & Entertainment Limited is a developer, owner and operator of integrated resort facilities focused on gaming, hospitality, entertainment, dining, retail and convention services. The company’s properties combine casinos with luxury hotels, restaurants, shopping areas, theaters and other leisure attractions.

Melco operates several major resorts in Macau, including City of Dreams, Altira Macau and Studio City. Its Macau operations also include the Mocha Clubs electronic gaming-machine business.