A month has gone by since the last earnings report for Wynn Resorts (WYNN) . Shares have added about 2.9% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Wynn due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Wynn Resorts Q2 Earnings & Revenues Lag, Both Up Y/YWynn ...

The Proposal to Build Hudson Yards West on top of the Undeveloped Western Rail Yards is an Unprecedented $12B Total Project Investment in NYC that will Create 35,000 Union Construction Jobs, 5,000 Permanent Union Careers in the Resort and 1,500 units of New HousingHudson Green, a 5.6 Acre Public Park, will be the Centerpiece of Hudson Yards WestRenderings and Animations Available to Download Are Linked HereNEW YORK, Aug. 28, 2024 /PRNewswire/ -- Related Companies/Oxford Properties Group and Wynn Resorts tod ...

A visitor plays with his mobile phone outside Wynn integrated resort during the Labour Day holiday ... [+] in Macau on May 1, 2024. (Photo by Eduardo Leal / AFP) (Photo by EDUARDO LEAL/AFP via Getty Images)AFP via Getty ImagesWynn stock currently trades at $75 per share, roughly 46% below its pre-inflation shock high of $138 seen on March 17, 2021. The stock was impacted by the Macau operations, which saw business largely collapse over 2021 and 2022, due to stringent Covid-19 restrictions which hurt tourist ...

Wynn Resorts (WYNN) reported $1.73 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 8.6%. EPS of $1.12 for the same period compares to $0.91 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.75 billion, representing a surprise of -0.91%. The company delivered an EPS surprise of -8.94%, with the consensus EPS estimate being $1.23.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...

Company Performance - Wynn Resorts reported quarterly earnings of $1.12 per share, missing the Zacks Consensus Estimate of $1.23 per share, but showing an increase from $0.91 per share a year ago, representing an earnings surprise of -8.94% [1] - The company posted revenues of $1.73 billion for the quarter ended June 2024, missing the Zacks Consensus Estimate by 0.91%, compared to year-ago revenues of $1.6 billion [1] - Over the last four quarters, Wynn has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [1] Stock Performance - Wynn shares have declined approximately 19.3% since the beginning of the year, contrasting with the S&P 500's gain of 8.7% [2] - The current status of estimate revisions for Wynn is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.15 on revenues of $1.76 billion, and for the current fiscal year, it is $5.62 on revenues of $7.24 billion [4] - The sustainability of the stock's immediate price movement will largely depend on management's commentary during the earnings call [2][3] Industry Context - The Gaming industry, to which Wynn belongs, is currently in the top 33% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [5] - Another company in the same industry, PlayAGS, is expected to report quarterly earnings of $0.11 per share, reflecting a year-over-year change of +450%, with revenues projected at $95.5 million, up 6.3% from the previous year [5]

Wynn Resorts, Limited (NASDAQ:WYNN) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Julie Cameron-Doe - Chief Financial Officer Craig Billings - Chief Executive Officer Brian Gullbrants - Chief Operating Officer, North America Conference Call Participants Carlo Santarelli - Deutsche Bank Joe Greff - JPMorgan Shaun Kelley - Bank of America Dan Politzer - Wells Fargo Stephen Grambling - Morgan Stanley David Katz - Jefferies Robin Farley - UBS Brandt Montour - Barclays Chad Beyn ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 000-50028 WYNN RESORTS, LIMITED (Exact name of registrant as specified in its charter) Nevada 46-0484987 (State or other jurisdiction of incorporat ...

Exhibit 99.1 Wynn Resorts, Limited Reports Second Quarter 2024 Results LAS VEGAS, August 6, 2024 — Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the second quarter ended June 30, 2024. Operating revenues were $1.73 billion for the second quarter of 2024, an increase of $137.1 million from $1.60 billion for the second quarter of 2023. Net income attributable to Wynn Resorts, Limited was $111.9 million for the second quarter of 2024, compared to ne ...

Wynn Resorts, Limited WYNN is set to release earnings results for its third quarter, after the closing bell on Tuesday.Analysts expect the Las Vegas, Nevada-based company to report quarterly earnings at $1.14 per share, up from 91 cents per share in the year-ago period. Wynn Resorts projects to report quarterly revenue of $1.75 billion for the quarter, up from $1.54 billion a year ago, according to data from Benzinga Pro.On July 12, Morgan Stanley analyst Stephen Grambling maintained Wynn Resorts with an Eq ...

Shares of Wynn Resorts, Limited (NASDAQ:WYNN) are 4.4% lower at $79.22 at last check, pulling back from yesterday's bounce that followed the casino operators better-than-expected results for the second quarter. On the charts, WYNN's 20-day moving average has steadily guided it lower since it touched an annual high of $110.38 on April 4. The security is now trading at its lowest levels since November 2022, down 13.1% in 2024. Plus, seasonality suggests the shares are going to drop even more.According to data ...