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Melco Resorts & Entertainment Shares Rise After Q3 Adjusted Earnings Beat Estimates

Melco Resorts & Entertainment Shares Rise After Q3 Adjusted Earnings Beat Estimates

MT newswireMT newswire2026/11/04 14:06
10:06 AM EST, 11/04/2026 (MT Newswires) -- Melco Resorts & Entertainment's (MLCO) shares were up more than 4% in Wednesday trading after the company reported Q3 adjusted earnings that beat analysts' expectations. The company reported adjusted earnings of $0.018 per diluted American depositary share, compared with $0.212 a year earlier. Four analysts surveyed by FactSet expected a loss of $0.02. Revenue for the quarter ended Sept. 30 fell to $1.17 billion from $1.31 billion a year earlier. Analysts expected $1.21 billion. Price: 4.40, Change: +0.20, Percent Change: +4.76
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