Wynn Resorts Stock Plunges After Casino Operator's Profit and Sales Miss Estimates [Yahoo! Finance]
Wynn Resorts, Limited (WYNN)
Last wynn resorts, limited earnings: 2/6 04:03 pm
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Source: Yahoo! Finance
The weaker-than-expected results came as Wynn's Las Vegas operations slowed. Wynn also invested $18.2 million in its site under construction in the United Arab Emirates. Shares of Wynn Resorts ( WYNN ) slumped Tuesday after the hotel and casino operator posted third-quarter results that missed analysts' estimates as its Las Vegas operations slowed. The company reported a third-quarter loss of 29 cents per share, or adjusted earnings of 90 cents per share, with both measures missing analysts' estimates compiled by Visible Alpha. Revenue climbed 1.3% year-over-year to $1.69 billion, also short of forecasts. Wynn's weaker-than-expected results came as its Las Vegas operating revenue declined 1.9% to $607.2 million, and adjusted property earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) dropped 7.7% to $202.7 million. The company had mixed results at its Macau properties, with operating revenue increasing 19.3% at Wynn Macau
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WYNN
News
- 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 Q3 Earnings & Revenues Miss Estimates, Stock Down [Yahoo! Finance]Yahoo! Finance
- 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