Melco Crown Entertainment stock rises ahead of Q4 results
The Hong Kong-based casino entertainment company has been forecast by Wall Street to report earnings of 5 cents per share on revenue of $1.07 billion.
During the same period last year, the company posted earnings of 6 cents per diluted share on revenue of $1.12 billion.
The primary factors that have impacted the rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks.
Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that were evaluated.
At the same time, The Street also finds weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income.
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