Simply Wall Street Earnings
Melco Resorts & Entertainment Limited Just Missed Earnings - But Analysts Have Updated Their Models
Melco Resorts & Entertainment Limited (NASDAQ:MLCO) recently reported disappointing Q2 results, missing revenue and EPS expectations. Following this, analysts have slightly downgraded their EPS forecasts for 2026, though revenue estimates remain largely unchanged. Despite the earnings miss and slower projected revenue growth compared to the industry, the consensus price target of US$7.42 for the stock remained broadly stable, …