Profile
Sector:
Consumer CyclicalIndustry:
Resorts & CasinosCountry:
Hong KongIPO:
18 October 2018Website:
http://www.studiocity-macau.comNext earnings report:
26 July 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Mon, 01 Jul 2024 22:46:21 GMTDividend
Analysts recommendations
Institutional Ownership
MSC Latest News
FISCAL 2024 Q3 HIGHLIGHTS Net sales of $979.4 million decreased 7.1% YoY and includes a roughly 300 basis point headwind from non-repeating Public Sector orders in the prior year Operating income of $106.8 million, or $111.5 million adjusted to exclude restructuring and other costs1 Operating margin of 10.9%, or 11.4% excluding the adjustments described above1 Diluted EPS of $1.27 vs. $1.69 in the prior fiscal year quarter Adjusted diluted EPS of $1.33 vs.
MELVILLE, N.Y. and DAVIDSON, N.C.
MELVILLE, N.Y. and DAVIDSON, N.C.
MELVILLE, N.Y. and DAVIDSON, N.C.
MSC Industrial Direct Co. shares plunged 10.4% after management reported lower-than-expected revenue and earnings for the third quarter of 2024. Financial performance for the first half of 2024 also showed declines in revenue, net income, operating cash flow, and EBITDA compared to the previous year. Management revised guidance for the year, now expecting lower average daily sales, operating margin, and net income due to various factors impacting the business.
U.S. stock futures were lower this morning, with the Dow futures falling around 250 points on Friday.
PRELIMINARY FISCAL 2024 Q3 RESULTS Net sales of approximately $978-$980 million down 7.3%-7.1% YoY and includes a roughly 300 basis point headwind from non-repeating Public Sector orders in the prior year Average daily sales up approximately 3% sequentially compared to the fiscal second quarter, which had one less selling day GAAP Earnings Per Share (EPS) expected to be in the range of $1.26 - $1.28 Adjusted EPS* expected to be in the range of $1.32 - $1.34 Company to discuss preliminary financial results and drivers of updated outlook on June 14, 2024 at 8:30AM EDT Company to release final fiscal third quarter 2024 financial results and conduct conference call on July 2, 2024 at 8:30AM EDT * Represents a non-GAAP financial measure. An explanation and a reconciliation of each non-GAAP financial measure to the most directly comparable GAAP financial measure are presented in the schedules accompanying this press release.
Official statistics for Macao's gambling business were released last weekend. These showed very robust growth in gross gambling revenue.
MACAU, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE: MSC), a world-class integrated resort located in Cotai, Macau, today announces that it will release its unaudited financial results for the fourth quarter and year ended December 31, 2023 on Thursday, February 29, 2024.
MACAU, China, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE: MSC), a world-class integrated resort located in Cotai, Macau, today announces that it will release its unaudited financial results for the third quarter of 2023 on Tuesday, November 7, 2023.
What type of business is Studio City International Holdings Limited?
Studio City International Holdings Limited operates a gaming, retail, and entertainment resort in Cotai, Macau. The company operates Studio City Casino with 250 mass market gaming tables; approximately 947 gaming machines; and 45 VIP rolling chip tables. Its resort provides various non-gaming facilities, including approximately 1,600 luxury hotel rooms; food and beverage outlets; figure-8 Ferris wheel; a night club and karaoke; a 5,000-seat live performance arena; and approximately 27,000 square meters of complementary retail space. The company was formerly known as Cyber One Agents Limited and changed its name to Studio City International Holdings Limited in January 2012. The company was founded in 2000 and is based in Central, Hong Kong. Studio City International Holdings Limited operates as a subsidiary of MCO Cotai Investments Limited.
What sector is Studio City International Holdings Limited in?
Studio City International Holdings Limited is in the Consumer Cyclical sector
What industry is Studio City International Holdings Limited in?
Studio City International Holdings Limited is in the Resorts & Casinos industry
What country is Studio City International Holdings Limited from?
Studio City International Holdings Limited is headquartered in Hong Kong
When did Studio City International Holdings Limited go public?
Studio City International Holdings Limited initial public offering (IPO) was on 18 October 2018
What is Studio City International Holdings Limited website?
https://www.studiocity-macau.com
Is Studio City International Holdings Limited in the S&P 500?
No, Studio City International Holdings Limited is not included in the S&P 500 index
Is Studio City International Holdings Limited in the NASDAQ 100?
No, Studio City International Holdings Limited is not included in the NASDAQ 100 index
Is Studio City International Holdings Limited in the Dow Jones?
No, Studio City International Holdings Limited is not included in the Dow Jones index
When does Studio City International Holdings Limited report earnings?
The next expected earnings date for Studio City International Holdings Limited is 26 July 2024