Melco Resorts reports Q1 adjusted EPS 7c, consensus 9c

Reports Q1 revenue $1.37B, consensus $1.33B. Lawrence Ho, Chairman and Chief Executive Officer, commented, “Melco Resorts (MLCO)’ Adjusted Property EBITDA grew by approximately 12% year-over-year to US$381 million for the first quarter of 2026. In Macau, Property EBITDA grew by approximately 12% year-over-year to US$334 million and Property EBITDA margin improved to approximately 28%. Our efforts continue to center on increasing flow through and profitability while enhancing our competitive positioning with key growth initiatives.”