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

Wall Street analysts predict that Studio City International Holdings Limited (NYSE:MSC) will report earnings per share of ($0.26) for the current quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Studio City International’s earnings. The firm is scheduled to report its next 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 financial year, analysts expect that the company will post earnings of ($1.06) per share. Zacks’ EPS calculations are an average based on a survey of research analysts that follow Studio City International.

Separately, Morgan Stanley started coverage on shares of Studio City International in a research report on Monday, November 12th. They issued an “underweight” rating and a $20.00 target price on the stock.

Studio City International stock opened at $19.47 on Wednesday. The company has a debt-to-equity ratio of 2.81, a quick ratio of 3.58 and a current ratio of 3.65. Studio City International has a fifty-two week low of $13.79 and a fifty-two week high of $28.59.

About Studio City International

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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