Overview
Resort operator's Q4 revenue rose 9% yr/yr, driven by gaming performance
Adjusted EBITDA for Q4 beat analyst expectations
Adjusted EPS for Q4 missed analyst expectations
Outlook
Company remains focused on executing growth priorities with new initiatives launching soon
Melco Resorts sees competitive pressures impacting City of Dreams Manila
Company anticipates further differentiation of offerings through new initiatives
Result Drivers
GAMING PERFORMANCE - Improved rolling chip and mass market table games drove revenue growth in Q4 2025
PHILIPPINES CHALLENGES - City of Dreams Manila faced competitive pressures and industry headwinds, affecting performance
CYPRUS GROWTH - City of Dreams Mediterranean and satellite casinos in Cyprus recorded strong EBITDA growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Operating Revenue | $1.29 bln | ||
Q4 Adjusted EPS | Miss | $0.05 | $0.10 (5 Analysts) |
Q4 Net Income | $46.29 mln | ||
Q4 Adjusted EBITDA | Beat | $331.30 mln | $318.66 mln (5 Analysts) |
Q4 Operating Income | $146.39 mln | ||
Q4 Pretax Profit | $31.77 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the casinos & gaming peer group is "buy"
Wall Street's median 12-month price target for Melco Resorts & Entertainment Ltd is $11.50, about 86.7% above its February 11 closing price of $6.16
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 12 three months ago
Press Release: ID:nGNX23yz2j
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)