Melco Crown Entertainment Earnings: Your Sneak Peek to the Big Announcement

Melco Crown Entertainment (NASDAQ:MPEL) will report earnings before markets open on Wednesday, May 8th. Melco Crown Entertainment. Ltd. develops, owns and operates casino gaming and entertainment resort facilities.

Here is your Cheat Sheet to Melco Crown Entertainment Earnings:

Earnings Expectations: Analysts expect earnings of $0.23 per share on revenues of $1.12 billion. Currently, the company’s P/E ratio stands at 32.14.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.21 and has not changed. For the current year, the average estimate is a profit of $0.97, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Melco Crown Entertainment has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,416 1,333 2,642 3,831 4,078
Diluted EPS ($) -0.006 -0.63 -0.021 0.546 0.756

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 1,008 1,027 938.51 1,011 1,102
Diluted EPS ($) 0.1981 0.222 0.1489 0.189 0.1951

Past Performance:
Melco Crown Entertainment has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)