Melco Resorts & Entertainment Limited (MLCO) PT Raised to $27 at Nomura/Instinet

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UPDATE: CLSA Upgrades Melco Resorts & Entertainment Limited (MLCO) to Outperform

February 19, 2019 1:21 PM EST

(Updated - February 19, 2019 1:41 PM EST)

(updated to add analyst name, analyst comment, market color)

CLSA analyst Jonathan Galligan upgraded Melco Resorts & Entertainment Limited (NASDAQ: MLCO) from Underperform to Outperform.

Analyst comments: "Melco reported a 25% YoY increase in its 4Q18 adjusted Ebitda solid performance and an improvement in luck drove... More

Melco Resorts & Entertainment (MLCO) Tops Q4 EPS by 7c

February 19, 2019 8:19 AM EST

Melco Resorts & Entertainment (NASDAQ: MLCO) reported Q4 EPS of $0.31, $0.07 better than the analyst estimate of $0.24. Revenue for the quarter came in at $1.4 million versus the consensus estimate of $1.37 million.

For earnings history and earnings-related data on Melco Resorts & Entertainment (MLCO) click here.

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