Melco Resorts and Enter Q3 Adj. EPS $0.02, Inline, Sales $1.174B Miss $1.249B Estimate

Melco Resorts and Enter (NASDAQ:MLCO) reported quarterly earnings of $0.02 per share which met the analyst consensus estimate. This is a 90.48 percent decrease over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $1.174 billion which missed the analyst consensus estimate of $1.249 billion by 6.02 percent. This is a 10.31 percent decrease over sales of $1.309 billion the same period last year.