The earnings call reflects a positive sentiment with significant growth in Macau despite challenges in the Philippines and Cyprus. The company's strategic initiatives and strong liquidity position further strengthen its outlook.

Company Guidance

In the second quarter of 2025, Melco Resorts & Entertainment Limited reported a strong performance with a 35% year-over-year increase in Macau property EBITDA and a 13% increase quarter-to-quarter. Group-wide adjusted property EBITDA grew 25% year-over-year to approximately $378 million. The company achieved a Macau property EBITDA margin of 29.2%, the second highest on record. Gaming volumes and revenues were robust, with mass table games revenue at City of Dreams and Studio City reaching all-time highs. Non-gaming revenues benefited from the 98% occupancy of the House of Dancing Water theater since its reopening in May. In the Philippines, cost reduction initiatives led to higher profitability and a recovery in gaming revenue in July. Melco plans to continue optimizing its Macau operations and is finalizing the renovation of the Countdown hotel, targeting a third-quarter 2026 opening with 150 luxury suites. The company also opened City of Dreams Sri Lanka on August 1, expanding its reach in South Asia. Melco's liquidity remains strong, with $2.3 billion available and plans to reduce debt using free cash flow.

Strong Macau Performance

Macau property EBITDA grew by 35% year-over-year and 13% quarter-to-quarter. Mass table games revenue at both City of Dreams and Studio City reached all-time highs. Occupancy of the House of Dancing Water theater was around 98%, contributing to growing non-gaming revenue and visitation into Macau.

Improvement in Group-Wide EBITDA

Group-wide adjusted property EBITDA for the second quarter of 2025 grew 25% year-over-year to approximately $378 million. Macau property EBITDA margin reached 29.2%, the second highest on record.

Robust Liquidity Position

Available liquidity of $2.3 billion with consolidated cash on hand of approximately $1.2 billion as of the end of the second quarter of 2025. Melco repurchased approximately $120 million of shares, emphasizing shareholder value.

Launch of City of Dreams Sri Lanka

City of Dreams Sri Lanka, the first integrated resort in South Asia, is set to open, targeting the premium Indian customer base.

Melco Resorts & Entertainment (MLCO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MLCO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	0.14 / -	0.063	―	―	―
Jul 31, 2025	2025 (Q2)	0.11 / 0.04	0.049	-12.24% (>-0.01)
May 08, 2025	2025 (Q1)	0.07 / 0.08	0.035	122.86% (+0.04)
Feb 27, 2025	2024 (Q4)	0.06 / -0.05	-0.358	86.59% (+0.31)
Nov 05, 2024	2024 (Q3)	0.06 / 0.06	-0.025	352.00% (+0.09)
Aug 13, 2024	2024 (Q2)	0.09 / 0.05	-0.018	372.22% (+0.07)
Apr 30, 2024	2024 (Q1)	0.03 / 0.04	-0.139	125.18% (+0.17)
Feb 29, 2024	2023 (Q4)	-0.04 / -0.36	-0.513	30.21% (+0.16)
Nov 07, 2023	2023 (Q3)	<0.01 / -0.03	-0.522	95.21% (+0.50)
Aug 01, 2023	2023 (Q2)	-0.06 / -0.02	-0.506	96.44% (+0.49)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MLCO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$8.58	$8.65	+0.82%
May 08, 2025	$5.64	$5.85	+3.72%
Feb 27, 2025	$5.73	$5.58	-2.62%
Nov 05, 2024	$6.57	$6.74	+2.59%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Melco Resorts & Entertainment (MLCO) report earnings?

Melco Resorts & Entertainment (MLCO) is schdueled to report earning on Nov 11, 2025, TBA (Confirmed).

What is Melco Resorts & Entertainment (MLCO) earnings time?

Melco Resorts & Entertainment (MLCO) earnings time is at Nov 11, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MLCO EPS forecast?

MLCO EPS forecast for the fiscal quarter 2025 (Q3) is 0.14.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing