Benzinga | Jul 27, 2021 11:13AM EDT

Melco Resorts and Enter Q2 Adj. EPS $(0.35) Beats $(0.36) Estimate, Sales $566.44M Miss $615.16M Estimate

Melco Resorts and Enter (NASDAQ:MLCO) reported quarterly losses of $(0.35) per share which beat the analyst consensus estimate of $(0.36) by 2.5 percent. This is a 51.25 percent increase over losses of $(0.72) per share from the same period last year. The company reported quarterly sales of $566.44 million which missed the analyst consensus estimate of $615.16 million by 7.92 percent. This is a 222.12 percent increase over sales of $175.85 million the same period last year.