Stock Market Watch

Melco Crown Entertainment Ltd – Earnings worse than the estimates

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Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL). Last Market Price: 9.45, Change: -1.45, % Change: (-13.31%). Shares trade in the range of 9.43 – 10.68 dollars. It has a market capitalization of 5.03B dollars, making it a Mid Cap Stock and has 532.83M outstanding shares. The company has a beta of 1.9, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 0.2; P/E of 47.95 indicating high expected future growth in earnings. It operates in Services sector and belongs to Casinos and Gaming industry. Percentage shares held by institutional investors is 21%. The company has a 52 week Price range (low – high) of $ 5.55 – 16.15. Average volumes of shares traded daily are 9,700,000. Volume traded in the last session was at 14,890,000, 1.54 times the average volume.

  • Reports Q3 (Sep)
    • EPS of $0.21, worse than the estimates
    • Revenues rose 45.3% year on year to $1.06 billion

For Q2 (Jun ’11), It had a Net profit margin of 6.94%, an Operating margin of 10.64%. Other Key stats and ratios are : Return on average assets of 5.12%, Return on average equity of 10.38%. The organization has an employee strength of 10,166

Consensus Recommendation is a Outperform.


Estimate for sales for the Quarter Ending Dec-11 show a mean of 953.68 million dollars, an estimate high of 967.96 million dollars and an estimate low of 929.00 million dollars. A year ago the figures stood at 671.15 million dollars.

Estimate for sales for the Quarter Ending Mar-12 show a mean of 1,001.65 million dollars, an estimate high of 1,042.00 million dollars and an estimate low of 961.30 million dollars. A year ago the figures stood at 672.90 million dollars.

Estimate for EPS for the Quarter Ending Dec-11 show a mean of 0.15 dollars, an estimate high of 0.19 dollars and an estimate low of 0.10 dollars. A year ago the figures stood at -0.02 dollars.

Estimate for EPS for the Quarter Ending Mar-12 show a mean of 0.13 dollars, an estimate high of 0.15 dollars and an estimate low of 0.11 dollars. A year ago the figures stood at 0.00 dollars.

Sales for Quarter Ending Jun-11 was estimated at 925.10 million dollars, however the actual sales figure stood at 959.96 million dollars, 34.85 million dollars more than estimates.

Sales for Quarter Ending Mar-11 was estimated at 815.83 million dollars, however the actual sales figure stood at 806.59 million dollars, 9.25 million dollars less than estimates.

edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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