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Melco Resorts’ Q1 Earnings Climb on Mass-Market Strength Despite Cyprus Headwinds

Story Highlights
  • Melco Resorts’ Q1 2026 revenue and profit rose on stronger mass-market gaming, with EBITDA up 12%.
  • Macau and Manila resorts drove earnings growth, while Cyprus casinos faced tourism hits from regional conflict.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Melco Resorts’ Q1 Earnings Climb on Mass-Market Strength Despite Cyprus Headwinds

Meet Samuel – Your Personal Investing Prophet

Melco International ( (HK:0200) ) just unveiled an announcement.

Melco Resorts & Entertainment reported first-quarter 2026 operating revenue of US$1.37 billion, up about 11% year on year, driven mainly by stronger mass-market operations, with operating income rising to US$179 million and adjusted property EBITDA increasing 12% to US$381 million. Net income attributable to the company more than doubled to US$76.8 million, as Macau EBITDA and margins improved and the Philippines’ City of Dreams Manila delivered a 24% EBITDA gain despite competitive and macro headwinds, while the Cyprus operations were pressured by Middle East conflict–related tourism disruptions, underscoring a mixed regional outlook for the group’s resort portfolio.

The most recent analyst rating on (HK:0200) stock is a Sell with a HK$4.30 price target. To see the full list of analyst forecasts on Melco International stock, see the HK:0200 Stock Forecast page.

More about Melco International

Melco Resorts & Entertainment, a subsidiary of Hong Kong-listed Melco International, is a developer, owner and operator of integrated resort facilities in Asia and Europe. Its portfolio includes large-scale gaming and entertainment properties in Macau, the Philippines and Cyprus, targeting the mass-market gaming segment and international tourism demand.

Average Trading Volume: 6,281,093

Technical Sentiment Signal: Sell

Current Market Cap: HK$9.53B

For detailed information about 0200 stock, go to TipRanks’ Stock Analysis page.

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