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Melco (MLCO) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

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For the quarter ended June 2026, Melco Resorts (MLCO - Free Report) reported revenue of $1.25 billion, down 5.7% over the same period last year. EPS came in at $0.06, compared to $0.23 in the year-ago quarter.

The reported revenue represents a surprise of -2.93% over the Zacks Consensus Estimate of $1.29 billion. With the consensus EPS estimate being $0.06, the company has not delivered EPS surprise.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Melco performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • City of Dreams Manila - Average daily rate: $144.00 versus $145.50 estimated by two analysts on average.
  • City of Dreams Manila - Revenue per available room: $139.00 compared to the $135.56 average estimate based on two analysts.
  • City of Dreams Manila - Occupancy per available room: 97% versus the two-analyst average estimate of 93%.
  • Adjusted EBITDA- Mocha and Other: $4 million versus $3.17 million estimated by three analysts on average.
  • Adjusted EBITDA- Altira Macau: $2.16 million versus $1.72 million estimated by three analysts on average.
  • Adjusted EBITDA- City of Dreams: $147.78 million compared to the $181.05 million average estimate based on three analysts.
  • Adjusted EBITDA- Studio City: $95.52 million versus $99.25 million estimated by three analysts on average.
  • Adjusted EBITDA- City of Dreams Manila: $30.95 million versus $26.95 million estimated by three analysts on average.
  • Adjusted EBITDA- Corporate and Other: $-23.36 million compared to the $-28 million average estimate based on three analysts.
  • Adjusted EBITDA- City of Dreams Mediterranean and Other: $19.91 million compared to the $9.7 million average estimate based on three analysts.
  • Adjusted EBITDA- Other Operations: $3.51 million versus the two-analyst average estimate of $0.67 million.

View all Key Company Metrics for Melco here>>>

Shares of Melco have returned +4.9% over the past month versus the Zacks S&P 500 composite's +2.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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