Wynn Resorts (WYNN) Lags Q1 Earnings and Revenue Estimates

Earnings Performance - Wynn Resorts reported quarterly earnings of $1.07 per share, missing the Zacks Consensus Estimate of$1.22 per share, and down from $1.59 per share a year ago, representing an earnings surprise of -12.30$1.7 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 1.52%, and down from $1.86 billion year-over-year [2] Market Performance - Wynn shares have lost about 3.7$1.28 on revenues of $1.75 billion, and for the current fiscal year, it is$4.96 on revenues of $7.03 billion [7] - The estimate revisions trend for Wynn is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Industry Context - The Gaming industry, to which Wynn belongs, is currently in the bottom 45$0.14, down 69.6% year-over-year, and revenues expected to be $632.03 million, down 40.8% from the previous year [9][10]