Melco Resorts & Entertainment Limited - American Depositary Shares (MLCO)

This Macau casino operator may have a lucky hand.

Melco Resorts Q4 revenues rise 9% driven by stronger gaming and non-gaming performance.

Las Vegas Sands stock, Wynn Resorts, Melco pop following a Citigroup report.

At least Macao is still growing.

China's stimulus plans give investors hope for Macao.

Macao looks poised to benefit.

China will pour money into its economy to try to boost growth.

MLCO stock results show that Melco Resorts and Enter missed analyst estimates for earnings per share but beat on revenue for the second quarter of 2024.

Melco Resorts reported a 22% rise in Q2 sales to $1.16B, driven by strong non-gaming revenue and Macau tourism recovery, but fell short of expectations.

Macao is cooling off, and that's not a good sign for some gaming stocks.

Wall Street is giving these strong buy stocks under $10 its stamp of approval because they possess significant catalysts for growth.

MLCO stock results show that Melco Resorts and Enter beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.

Melco Resorts shares rise post-Q1 results showing revenue surge and slight debt reduction, despite EPS missing estimates.

Melco reports lower Q4 FY23 results with sales growth of 224% Y/Y to $1.09B, missing estimates. Adjusted Property EBITDA was $303.4M and cash balance was $1.44B as of Dec 2023.