Wynn Resorts Q3 Earnings & Revenues Miss Estimates, Stock Down [Yahoo! Finance]
Wynn Resorts, Limited (WYNN)
Last wynn resorts, limited earnings: 2/6 04:03 pm
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wynnresorts.com
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Source: Yahoo! Finance
On a year-over-year basis, the top line grew while the bottom line declined. See the Zacks Earnings Calendar to stay ahead of market-making news. The quarter's results reflect demand across its resorts highlighted by strong mass gaming win in Macau and solid non-gaming performance in Las Vegas. However, increased casino and rooms expenses, along with high general and administrative expenses, were concerning for the bottom line. The company's continuous investments in expanding the business operations on a global scale, along with ensuring shareholder value, are commendable. This prudent attitude positions WYNN well for 2024 and beyond. WYNN stock lost 3.3% in the after-hours trading session on Monday, post the earnings release. The company reported adjusted earnings per share (EPS) of 90 cents, which missed the Zacks Consensus Estimate of $1.17 by 23.1%. In the prior-year quarter, the company reported an adjusted EPS of 99 cents. Wynn Resorts, Limited price-consensus-eps-s
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WYNN
News
- Wynn Resorts Stock Plunges After Casino Operator's Profit and Sales Miss Estimates [Yahoo! Finance]Yahoo! Finance
- Wynn Resorts, Limited (NASDAQ: WYNN) had its "outperform" rating re-affirmed by analysts at Macquarie. They now have a $120.00 price target on the stock.MarketBeat
- Wynn Resorts Bets $5 Billion On The World's Newest Themed Entertainment Hub [Forbes]Forbes
- Wynn Resorts, Limited (NASDAQ: WYNN) had its price target raised by analysts at JPMorgan Chase & Co. from $101.00 to $113.00. They now have an "overweight" rating on the stock.MarketBeat
- Wynn Resorts' Q3 Performance Misses Expectations Amid Strategic Investments [Yahoo! Finance]Yahoo! Finance
WYNN
Earnings
- 11/4/24 - Miss
WYNN
Sec Filings
- 11/4/24 - Form 10-Q
- 11/4/24 - Form 8-K
- 10/3/24 - Form 8-K
- WYNN's page on the SEC website