-$0.26 Earnings Per Share Expected for Studio City International Holdings Limited (MSC) This Quarter

Brokerages predict that Studio City International Holdings Limited (NYSE:MSC) will post earnings of ($0.26) per share for the current quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Studio City International’s earnings. The firm is scheduled to announce its next quarterly earnings report on Monday, January 1st.

According to Zacks, analysts expect that Studio City International will report full-year earnings of ($0.79) per share for the current financial year. For the next fiscal year, analysts anticipate that the business will report earnings of ($1.06) per share. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover Studio City International.

Separately, Morgan Stanley assumed coverage on shares of Studio City International in a research note on Monday, November 12th. They set an “underweight” rating and a $20.00 target price for the company.

NYSE:MSC opened at $19.47 on Wednesday. Studio City International has a one year low of $13.79 and a one year high of $28.59. The company has a current ratio of 3.65, a quick ratio of 3.58 and a debt-to-equity ratio of 2.81.

Studio City International Company Profile

Studio City International Holdings Limited operates a gaming, retail, and entertainment resort in Cotai, Macau. The company also operates Studio City Casino with 250 mass market gaming tables; approximately 970 gaming machines; and 45 VIP rolling chip tables. In addition, its resort provides various non-gaming facilities, including approximately 1,600 hotel rooms; various food and beverage establishments; retail space; figure-8 Ferris wheel; a Warner Bros.-themed family entertainment center; a 4-D Batman flight simulator; a night club; and a 5,000-seat live performance arena.

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