Melco (MLCO) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Melco Resorts (MLCO) reported $1.11 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 55.3$0.04 for the same period compares to -$0.14 a year ago.The reported revenue represents a surprise of +3.93$1.07 billion. With the consensus EPS estimate being $0.02, the EPS surprise was +100.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...