Melco Resorts & Entertainment Limited American Depositary Shares (MLCO)

Melco Resorts Finance is issuing $500 million in senior notes due 2033 at 6.500% interest, intending to use proceeds for a conditional cash tender offer to refinance existing 5.250% senior notes due 2026.

Melco Resorts & Entertainment's stock price jumped 17% after news that China's leadership plans to provide fiscal stimulus to meet 5% GDP growth targets, which could boost visits to Macao's gambling industry.

Although the revenue and EPS for Melco (MLCO) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Upgrades For Carnival Corp (NYSE:CCL), Argus Research upgraded the previous rating of Hold to Buy. For the second quarter, Carnival had an EPS of $0.31, compared to year-ago quarter EPS of $1.64. At the moment, the stock has a 52-week-high of $19.55 and a 52-week-low of $6.12. Carnival closed at $17.71 at the end of the last trading period. According to Odeon Capital, the prior rating for Citigroup Inc (NYSE:C) was changed from Hold to Buy. Citigroup earned $1.33 in the second quarter, compared to $2.19 in the year-ago quarter. The current stock performance of Citigroup shows a 52-week-high of $54.55 and a 52-week-low of $40.01. Moreover, at the end of the last trading period, the closing price was at $46.26. B of A Securities upgraded the previous rating for Camtek Ltd (NASDAQ:CAMT) from Neutral to Buy. For the first quarter, Camtek had an EPS of $0.42, compared to year-ago quarter EPS of $0.44. At the moment, the stock has a 52-week-high of $43.64 and a 52-week-low of $20.85. Camtek closed at $43.24 at the end of the last trading period. According to BMO Capital, the prior rating for Camden Property Trust (NYSE:CPT) was changed from Market Perform to Outperform. Camden Prop Trust earned $1.66 in the first quarter, compared to $0.76 in the year-ago quarter. The stock has a 52-week-high of $147.70 and a 52-week-low of $97.74. At the end of the last trading period, Camden Prop Trust closed at $110.75. BMO Capital upgraded the previous rating for Apartment Income REIT Corp (NYSE:AIRC) from Market Perform to Outperform. Apartment Income REIT earned $0.55 in the first quarter, compared to $0.57 in the year-ago quarter. The current stock performance of Apartment Income REIT shows a 52-week-high of $46.36 and a 52-week-low of $32.51. Moreover, at the end of the last trading period, the closing price was at $35.75. Bernstein upgraded the previous rating for UnitedHealth Group Inc (NYSE:UNH) from Market Perform to Outperform. 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The current stock performance of Pinterest shows a 52-week-high of $29.42 and a 52-week-low of $16.78. Moreover, at the end of the last trading period, the closing price was at $29.15. See all analyst ratings upgrades. Downgrades According to Truist Securities, the prior rating for Black Knight Inc (NYSE:BKI) was changed from Buy to Hold. Black Knight earned $0.56 in the first quarter, compared to $0.63 in the year-ago quarter. At the moment, the stock has a 52-week-high of $71.49 and a 52-week-low of $53.15. Black Knight closed at $71.15 at the end of the last trading period. TD Cowen downgraded the previous rating for Louisiana-Pacific Corp (NYSE:LPX) from Buy to Hold. For the first quarter, Louisiana-Pacific had an EPS of $0.34, compared to year-ago quarter EPS of $5.08. At the moment, the stock has a 52-week-high of $79.56 and a 52-week-low of $48.20. Louisiana-Pacific closed at $78.60 at the end of the last trading period. 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