Melco Resorts (MLCO) Tops Q1 Earnings and Revenue Estimates

Melco Resorts (MLCO) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of$0.02 per share. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 100$0.03 per share when it actually produced earnings of $0.13, delivering a surprise of 333.33%.Over the last four quarters, the company ...