International edition
June 17, 2021

Wall Street forecasts the company to report earnings of 5 cents per share on revenue of USD 1.07B

Melco Crown Entertainment stock rises ahead of Q4 results

Melco Crown Entertainment stock rises ahead of Q4 results
Shares of Melco Crown Entertainment were up 3.03% to USD 15.62 on Wednesday morning ahead of the company's 2015 fourth quarter earnings.
China | 02/19/2016

Shares of Melco Crown Entertainment were up 3.03% to USD 15.62 on Wednesday morning ahead of the company's 2015 fourth quarter earnings.

T

he 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.

 

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook