Benzinga | Apr 28, 2021 08:33AM EDT

Melco Resorts and Enter Q1 EPS $(0.44) Misses $(0.36) Estimate, Sales $518.92M Miss $591.26M Estimate

Melco Resorts and Enter (NASDAQ:MLCO) reported quarterly losses of $(0.44) per share which missed the analyst consensus estimate of $(0.36) by 22.22 percent. This is a 42.11 percent increase over losses of $(0.76) per share from the same period last year. The company reported quarterly sales of $518.92 million which missed the analyst consensus estimate of $591.26 million by 12.23 percent. This is a 36.03 percent decrease over sales of $811.17 million the same period last year.