MLCO
Melco Resorts & Entertainment Limited7.88
-0.10-1.25%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
CapEx, costs, HoDWater detailed
Q&A surfaced key details absent from prepared remarks, including $450 million in 2026 CapEx—mostly $375 million in Macau for Countdown Hotel revamp—and quantified Q4 one-offs like $5 million bad debt and $6 million anniversary costs. House of Dancing Water drives property visitation and non-gaming spend, with indirect mass gaming uplift, though hard to track precisely. Management sees Macau competition as intense yet stable, with no near-term escalation and disciplined reinvestment preserving margins. Analysts probed OpEx and rivalry directly; answers were crisp. Q&A quantifies the spend. Outlook stays upbeat on Macau momentum; investors will eye capex execution.
Key Stats
Market Cap
3.08BP/E (TTM)
30.31Basic EPS (TTM)
0.26Dividend Yield
0%IPO
Employees
Sector
Industry
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