Key Highlights

  • Melco Resorts & Entertainment (NASDAQ:MLCO) is scheduled to report third-quarter 2026 results on November 4, 2026, so the results were not available when this article was prepared.
  • Published market data showed shares up 7.38% near USD 4.51; the snapshot date is unconfirmed, and a screened one-year EPS change of 337.95% could not be verified.
  • In the second quarter of 2026, operating revenues fell about 6% to USD 1.25 billion and adjusted property EBITDA dropped to USD 303.8 million from USD 377.7 million.
  • Despite weaker operations, second-quarter Net Income attributable rose to USD 22.7 million from USD 17.2 million, and about USD 120.6 million of ADSs were repurchased between April 1 and August 12, 2026.

Third-Quarter Report Due November 4, 2026

Melco Resorts & Entertainment (NASDAQ:MLCO) said in an announcement dated October 28, 2026 that it will publish unaudited third-quarter 2026 results on Wednesday, November 4, 2026, followed by a conference call. This is a preview, since no third-quarter figures had been located. Published market data showed the shares up 7.38% near USD 4.51 ahead of the report, but the snapshot date is not confirmed. The company operates integrated casino resorts in Macau, the Philippines and Cyprus, including City of Dreams and Studio City. No verified consensus estimate or options-implied move was found, so none is stated.

Second-Quarter Numbers: Weaker Operations, Higher Net Income

The most recent filed quarter, ended June 30, 2026, showed operating revenues of USD 1.25 billion, down about 6% from USD 1.33 billion, driven by softer rolling chip and mass-market table play. City of Dreams adjusted EBITDA fell to USD 147.8 million from USD 225.6 million, with a rolling chip win rate of 2.71% below the company's expected range of 2.85% to 3.15%. Operating Income edged up to USD 127.8 million from USD 124.7 million. Net income attributable was USD 22.7 million, or USD 0.06 per ADS, but adjusted net income fell to USD 23.2 million from USD 92.3 million.

Reading a 337.95% EPS Change From a Small Base

Melco appears on aggressive-growth screens, but the screened one-year EPS change of 337.95% is unverified and depends on a small base, since second-quarter Earnings were only USD 0.06 per ADS against USD 0.04 a year earlier, a gain of 50% (simple arithmetic). The GAAP or adjusted basis of the screen is unknown, and adjusted net income actually declined. Liquidity looked ample at about USD 2.80 billion, though total Debt was USD 7.05 billion at June 30, 2026. The REM hotel began phased opening in the third quarter, and repurchase authority of about USD 589.6 million remained. Market Capitalization was not verified. Macau operators also depend on rolling chip volumes and visitation, which can swing results from one quarter to the next, so the prior quarter is only a partial guide.

Where Things Stand

Whether Melco Resorts & Entertainment (NASDAQ:MLCO) can hold a 7.38% gain depends on a report that had not been released when this article was written, so no answer can be given yet. The second quarter showed weaker revenue and adjusted EBITDA but higher reported net income, a mixed base for comparison. A rolling chip win rate below expectations can swing a quarter either way, and the 337.95% EPS figure on the screen is not a reliable growth signal. The next marker is the November 4, 2026 results and call, along with any update on the REM opening and repurchases.