MLCOMelco Resorts & Entertainment Limited
The Read
4% move following product launches, with price often stabilizing within prior scenario bands despite mixed earnings and margin pressures from lower visitation and VIP win rates.
The schedule
- Thu8Oct
Visitations during the October Golden Week, which may impact revenue from tourism and hospitality.
- Fri13Nov
Earnings release for Q3 2026, with focus on revenue from gaming and hospitality segments, and guidance for Q4 2026.
- Fri12Feb
Early Chinese New Year period, which may impact revenue from tourism and hospitality.
- Fri12Feb
Earnings release for Q4 2026, with emphasis on year-end performance and guidance for 2027.
- Fri14May
Earnings release for Q1 2027, with focus on performance in the first quarter of the new year.
- Mon9Aug
Earnings release for Q2 2027, with emphasis on performance in the second quarter of the year.
Past
- Fri14Aug
Actual outcome: Mixed · $5.48 at outcome
Melco Resorts reported earnings in line with estimates, with adjusted EBITDA of $304 million, though lower-than-expected visitation and VIP win rate pressured margins. Despite the EPS miss, the company provided positive guidance on debt reduction progress, which supported the stock's recovery and eventual rally toward the bull target.
Q2 2026 financial results, with intense focus on the trajectory of debt reduction from the current $6.93B load.
- Wed1Jul
Actual outcome: Mixed · $5.26 at outcome
The stock remained flat following the June 2026 Macau GGR release, as the results showed mixed performance with some sectors outperforming others. The lack of clear directional movement in price suggests uncertainty around the broader recovery in the gaming sector, despite positive signs in specific segments.
Release of June 2026 Macau GGR figures by the DICJ, offering a critical read on summer premium mass visitation.
