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Compared to Estimates, Melco (MLCO) Q3 Earnings: A Look at Key Metrics

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Melco Resorts (MLCO - Free Report) reported $1.17 billion in revenue for the quarter ended September 2026, representing a year-over-year decline of 10.4%. EPS of $0.02 for the same period compares to $0.21 a year ago.

The reported revenue represents a surprise of -3.92% over the Zacks Consensus Estimate of $1.22 billion. With the consensus EPS estimate being -$0.03, the EPS surprise was +166.67%.

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: $140.00 compared to the $145.50 average estimate based on two analysts.
  • City of Dreams Manila - Revenue per available room: $134.00 compared to the $140.56 average estimate based on two analysts.
  • City of Dreams Manila - Occupancy per available room: 96% versus the two-analyst average estimate of 96.5%.
  • Adjusted EBITDA- Mocha and Other: $4.33 million versus $3.92 million estimated by three analysts on average.
  • Adjusted EBITDA- Altira Macau: $-0.29 million compared to the $2.13 million average estimate based on three analysts.
  • Adjusted EBITDA- City of Dreams: $130.34 million versus the three-analyst average estimate of $153.56 million.
  • Adjusted EBITDA- Studio City: $90.57 million compared to the $87.84 million average estimate based on three analysts.
  • Adjusted EBITDA- City of Dreams Mediterranean and Other: $25.66 million versus $20.69 million estimated by three analysts on average.
  • Adjusted EBITDA- City of Dreams Manila: $32.92 million versus the three-analyst average estimate of $33.07 million.
  • Adjusted EBITDA- Corporate and Other: $-22.87 million compared to the $-25 million average estimate based on two analysts.
  • Adjusted EBITDA- Other Operations: $4.01 million compared to the $4 million average estimate based on two analysts.

View all Key Company Metrics for Melco here>>>

Shares of Melco have returned -0.9% over the past month versus the Zacks S&P 500 composite's -2% 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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