HONG KONG., Hong Kong (AP) — HONG KONG., Hong Kong (AP) — Melco Resorts and Entertainment Ltd. (MLCO) on Tuesday reported first-quarter earnings of $15.2 million.
The Hong Kong., Hong Kong-based company said it had profit of 3 cents per share. Earnings, adjusted for non-recurring costs, came to 4 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.
The casino company posted revenue of $1.11 billion in the period.
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