Melco Crown Entertainment
The 10-second takeaway
Comparing the upcoming quarter with the prior-year quarter, average analyst estimates predict Melco Crown Entertainment's revenues will expand 2.1% and EPS will expand 41.7%.
The average estimate for revenue is $979.8 million. On the bottom line, the average EPS estimate is $0.17.
Last quarter, Melco Crown Entertainment reported revenue of $1.03 billion. GAAP reported sales were 27% higher than the prior-year quarter's $806.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.23. GAAP EPS of $0.22 for Q1 were much higher than the prior-year quarter's $0.01 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 29.0%, 810 basis points better than the prior-year quarter. Operating margin was 13.8%, 930 basis points better than the prior-year quarter. Net margin was 11.9%, 1,100 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $4.03 billion. The average EPS estimate is $0.73.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,304 members out of 1,354 rating the stock outperform, and 50 members rating it underperform. Among 287 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 273 give Melco Crown Entertainment a green thumbs-up, and 14 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Melco Crown Entertainment is outperform, with an average price target of $15.79.
- Add Melco Crown Entertainment to My Watchlist.