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Zacks News
Analysts Estimate Melco Resorts (MLCO) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
Melco (MLCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Las Vegas Sands (LVS) Q1 Earnings Beat, Fall Y/Y on Coronavirus
by Zacks Equity Research
Las Vegas Sands' (LVS) first-quarter 2020 results hurt by the coronavirus pandemic.
Wynn Resorts to Reopen Las Vegas Strip in Mid-to-Late May
by Zacks Equity Research
Wynn Resorts (WYNN) Las Vegas Strip could re-open following the coronavirus-induced shutdown. The company has been bearing operating expenses during the shutdown.
Wynn Resorts Gains 14% Despite Bleak Q1 Revenue Forecast
by Zacks Equity Research
Wynn Resorts (WYNN) first-quarter 2020 results will decline sharply on account of the coronavirus pandemic.
Betting Takes a Back Seat in Macau on Coronavirus Fears
by Harendra Ray
Macau is likely to record revenue decline in 2020. The coronavirus crisis is hurting the industry in other parts of the world as well.
Coronavirus Fears Ease in China: Will Macau Gaming Rebound?
by Zacks Equity Research
Macau casinos resume operations after coronavirus-led shutdown. Macau gross revenues in March likely to be down sharply following a steep decrease in February.
Boyd Gaming (BYD) Suspends Dividend on Coronavirus Concerns
by Zacks Equity Research
Boyd Gaming (BYD) suspends dividend in an effort to preserve cash and maintain ample liquidity in case of a financial crisis due to the coronavirus outbreak.
Wynn Resorts to Cut Executive Salaries on Coronavirus Fears
by Zacks Equity Research
Wynn Resorts' (WYNN) board of directors and top executives decide to forego between 33% and 100% of their salaries.
Penn National (PENN) Suspends Operations Due to Coronavirus
by Zacks Equity Research
Penn National (PENN) suspends operations of 34 properties across the United States and also constructions on casinos in Pennsylvania.
These Gambling Stocks Are Not Worth the Wager on Coronavirus Woes
by Harendra Ray
The coronavirus outbreak has impacted the Casinos' gross gaming revenue (GGR) in Macau.
Factors Setting the Tone for Hyatt's (H) Earnings in Q4
by Zacks Equity Research
Hyatt's (H) fourth-quarter performance is likely to reflect benefits from Unit growth strategy, robust loyalty program and increase in management, franchise, and other fees.
Pool Corp (POOL) to Report Q4 Earnings: What's in Store?
by Zacks Equity Research
Benefits from solid performance of base business and increased market share are likely to get reflected in Pool Corp's (POOL) fourth-quarter 2019 top line.
Soft Power Brand Sales Likely to Hurt Mattel (MAT) Q4 Earnings
by Zacks Equity Research
Mattel (MAT) fourth-quarter results are likely to reflect the negative impact of dismal Power Brands and North America revenues.
Factors Setting the Tone for MGM Resorts' (MGM) Q4 Earnings
by Zacks Equity Research
MGM Resorts' (MGM) fourth-quarter performance is likely to get reflect robust performance of both China and domestic operations.
Hasbro (HAS) to Report Q4 Earnings: What's in the Offing?
by Zacks Equity Research
Hasbro's (HAS) Q4 earnings are likely to have benefited from solid performance of the Entertainment, Licensing and Digital segment. However, low demand due to rising electronic versions of games and tariffs may have been a risk.
Hilton (HLT) to Report Q4 Earnings: What's in the Offing?
by Zacks Equity Research
Hilton Worldwide Holdings' (HLT) Q4 results are likely to reflect benefits from unit expansion plans & loyalty programs amid soft RevPAR performance, thanks to slowing macro environment.
4 Leisure Stocks Likely to Surpass Q4 Earnings Estimates
by Zacks Equity Research
Leisure stocks fourth quarter 2019 results are likely to have benefited from steady rise in wages, lower unemployment and increased demand for leisure products and services.
Casinos Stocks Plummet on Concerns Over China Coronavirus
by Harendra Ray
Dismal Macau performance have been hurting the casino stocks. The China coronavirus have further added to the woes.
Factors Likely to Shape Las Vegas Sands' (LVS) Q4 Earnings
by Zacks Equity Research
Las Vegas Sands' (LVS) fourth-quarter 2019 revenues are expected to have declined due to soft Sand Cotai Central. Yet, higher margins from mass and non-gaming segments are likely to have boosted its profits.
Zacks.com featured highlights include: Builders FirstSource, Melco Resorts & Entertainment, JELD-WEN, AXA Equitable and EVO Payments
by Zacks Equity Research
Zacks.com featured highlights include: Builders FirstSource, Melco Resorts & Entertainment, JELD-WEN, AXA Equitable and EVO Payments
5 Stocks With Upgraded Broker Ratings Worth Investing in Now
by Swayta Shah
As brokers have deeper understanding of what's going in the markets and companies, it's wise to rely on their judgment to earn solid returns.
Why lululemon (LULU) is Poised for Splendid Returns in 2020?
by Zacks Equity Research
lululemon's (LULU) sound fundamentals and strategic endeavors might help it to retain its bull run in the year 2020. Efforts to enhance omni-channel guests' experience and innovation are encouraging.
Can Las Vegas Sands (LVS) Replicate '19 Performance in 2020?
by Zacks Equity Research
Las Vegas (LVS) revenue diversification efforts, planned investment in new capital projects in Macao and higher revenues from The Parisian Macao are major growth drivers.
Boyd Gaming Banks on Sports Betting Expansion for Growth
by Zacks Equity Research
Solid acquisitions, strengthening of current operations and high capital investments are likely to benefit Boyd Gaming (BYD). However, higher debt, increased costs & intense competition are concerns.
Macau Remittance Cap Likely to Rise: Gaming Stocks in Focus
by Zacks Equity Research
Mainland China, a primary contributor to the Macau's gaming revenues, will benefit from increase in daily limit on money transfer from Macau to Mainland China.