Melco Resorts & Entertainment Ltd reported a disappointing second-quarter 2026 earnings update, with its stock reaching a 52-week low of 4.98 USD on September 10, 2026. The company’s share price had fallen by nearly 50 percent over the past year, reflecting broader challenges in its Macau operations. In Q2 2026, the company posted earnings per share (EPS) of 2 cents per share, falling short of analyst expectations of 9 cents. Revenue also missed projections, coming in at 1.25 billion USD compared to the 1.28 billion USD anticipated. Adjusted property EBITDA was approximately 304 million USD, or 312 million USD after accounting for VIP hold variance, indicating persistent pressure on profitability.
Melco Resorts Misses Q2 2026 Earnings as Stock Drops to 52-Week Low
Macau’s Melco Resorts & Entertainment reports weaker-than-expected results amid lower visitation and VIP gaming performance, pushing stock to a fresh low.
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Priya Anand · Equities & Earnings Desk · 20 Sept 2026 · 18:04 · 1 Min. Lesezeit
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Priya Anand
Equities & Earnings Desk
Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.
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