Melco (MLCO) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

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Melco (MLCO) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Melco Resorts (MLCO) reported $1.37 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 10.9%. EPS of $0.21 for the same period compares to $0.12 a year ago.

The reported revenue represents a surprise of +1.89% over the Zacks Consensus Estimate of $1.34 billion. With the consensus EPS estimate being $0.13, the EPS surprise was +61.54%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Melco performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Total segment operating revenues- Mocha and Other: $15.2 million versus the three-analyst average estimate of $15.25 million. The reported number represents a year-over-year change of -50.3%. Total segment operating revenues- Altira Macau: $38.1 million versus $34.04 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +36.6% change. Total segment operating revenues- City of Dreams Manila: $105.5 million versus $89.15 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +3.8% change. Total segment operating revenues- Studio City: $392 million versus the three-analyst average estimate of $376.24 million. The reported number represents a year-over-year change of +10.6%. Total segment operating revenues- City of Dreams: $734.6 million compared to the $725.44 million average estimate based on three analysts. The reported number represents a change of +11.6% year over year. Adjusted EBITDA- Mocha and Other: $4.21 million versus $2.21 million estimated by three analysts on average. Adjusted EBITDA- Altira Macau: $4.05 million compared to the $1.93 million average estimate based on three analysts. Adjusted EBITDA- City of Dreams: $214.36 million compared to the $211.31 million average estimate based on three analysts. Adjusted EBITDA- Studio City: $111.74 million versus the three-analyst average estimate of $98.1 million. Adjusted EBITDA- City of Dreams Manila: $37.39 million versus $23.97 million estimated by three analysts on average. Adjusted EBITDA- Corporate and Other: $-37.53 million versus the three-analyst average estimate of $-36 million. Adjusted EBITDA- City of Dreams Mediterranean and Other: $8.95 million versus the three-analyst average estimate of $13.19 million.

View all Key Company Metrics for Melco here>>>

Shares of Melco have returned -4.7% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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