Wynn Resorts quarterly results beat estimates on strength in Macau business [Reuters]
Wynn Resorts, Limited (WYNN)
Last wynn resorts, limited earnings: 2/6 04:03 pm
Check Earnings Report
US:NASDAQ Investor Relations:
wynnresorts.com
Company Research
Source: Reuters
May 7 (Reuters) - Wynn Resorts on Tuesday beat Wall Street estimates for first-quarter profit as strength in gaming, luxury retail and hotel bookings drove steady demand at its Macau properties. Shares of the casino operator were up 2.5% in extended trading. The post-pandemic rebound in travel to casino hubs such as Las Vegas and Macau has been a tailwind for operators such as Wynn. "The strong momentum we experienced in our business throughout 2023 continued to build during the first quarter," said CEO Craig Billings. Wynn saw the highest share of revenues from its properties in Macau, the Wynn Palace and Wynn Macau. Wynn reported operating revenue of $1.86 billion for the quarter ended March 31, up from $1.42 billion last year, and above analysts' average estimate of $1.27 billion, according to LSEG data. Its quarterly adjusted profit per share of $1.59 was above last year's 29 cents and also beat analysts' estimates of $1.27 per share. Get a daily digest of breaking
Show less
Read more
Impact Snapshot
Event Time:
WYNN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WYNN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WYNN alerts
High impacting Wynn Resorts, Limited news events
Weekly update
A roundup of the hottest topics
WYNN
News
- Coney Island Casino, Retail And Leisure Scheme Planned In $3bn Boost [Forbes]Forbes
- Wynn Resorts, Limited (NASDAQ: WYNN) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Mets owner Steve Cohen makes hardball pitch for support for $8 billion casino project next to Citi Field [Yahoo! Finance]Yahoo! Finance
- Should You Buy Wynn Resorts, Limited (NASDAQ:WYNN) For Its Upcoming Dividend? [Yahoo! Finance]Yahoo! Finance
- L.A.'s best mom-approved chilaquiles [Los Angeles Times (CA)]Los Angeles Times
WYNN
Earnings
- 5/7/24 - Beat
WYNN
Sec Filings
- 5/7/24 - Form 10-Q
- 5/7/24 - Form 8-K
- 5/3/24 - Form 4
- WYNN's page on the SEC website