Wynn Resorts Q1 earnings surpassed expectations with $1.59 EPS and $1.86B revenue, driven by Macau properties.
Wynn Resorts (NASDAQ:WYNN) reported Q1 earnings, beating expectations with $1.59 EPS, compared to the consensus estimate of $1.43. Revenue reached $1.86B, higher than the analysts' prediction of $1.80B. The company's Macau properties contributed to the positive results, driving gaming, luxury retail, and hotel bookings. Wynn's stock traded down $0.64 during trading hours on Tuesday, hitting $97.23.
May 07, 2024
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