Melco Resorts Publishes Q3 2026 Earnings Call Transcript

By Public Technologies
  • Melco Resorts’ November 4, 2026, third-quarter earnings call featured CEO Lawrence Ho, President Evan Winkler, CFO Geoffrey Davis and Treasurer Jeanny Kim.
  • Quarterly adjusted property EBITDA totaled approximately US$288 million, or US$298 million adjusted for VIP hold.
  • Management cut capital spending guidance to roughly US$375 million for 2026, with around US$275 million planned for 2027.
  • Dividend payments could resume toward late 2027, though further share repurchases could affect timing; deleveraging remains the top free-cash-flow priority.
  • Ho reported a 10% October decline in the Macau market; management described broader demand softness as temporary rather than structural.


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