Wynn Resorts Limited
WYNN-
Wynn Resorts decreased 5% to $86.0 after the casino operator reported better-than-expected revenue and earnings in its latest quarter.
Revenue in the third quarter increased to $1.7 billion from $889 million; net loss shrank to $120.5 million from $207.9 million; and diluted loss per share fell to $1.03 from $1.27 a year ago.
Revenue at casino properties located in Macau rebounded following the resumption of travel after the end of COVID restrictions.
Operating revenue at Wynn Palace rose to $524.8 million from $75.2 million, and at Wynn Macau, it jumped to $295.0 million from $40.4 million a year ago.
Las Vegas operations also showed sustained revenue growth in the quarter.
Operating revenue increased to $619 million from $544.4 million, and the table game win percentage for the third quarter was 26%, falling near the upper end of its expected range between 22% and 26%.
Operating revenue at Encore Boston Harbor decreased to $210.4 million from $211.8 million, and table game win percentage decreased to 20.8% from 21.1% a year ago.
Nov 10, 2023 -
Wynn said revenue in the fourth quarter was unchanged at $1.0 billion and swung to a profit of $32.4 million from a loss of $177 million and diluted EPS was 29 cents compared to ($1.54) a year ago.
Feb 9, 2023 -
China-linked casino stocks jumped between 5% and 10% on the hopes of travel pickup after more Chinese cities ease movement restrictions.
Dec 5, 2022
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| Trading Volume | 145,740 |
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107.50 - 73.70 |
| Market Cap Full | $ 8.6B |
Quarterly +
| 2026 | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| Q1 | - | -3.3% | 12.2% | 35.7% |
| Q2 | - | - | -16.3% | -5.6% |
| Q3 | - | - | -8.4% | -12.5% |
| Q4 | - | - | -0.4% | -1.6% |
Monthly +
| J | F | M | A | M | J | J | A | S | O | N | D |
| 2026 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | - | - | - |
| 2025 | |||||||||||
| -3.3 | - | - | - | - | - | - | - | - | - | - | - |
| 2024 | |||||||||||
| 3.6 | 11.4 | -2.8 | -7 | -0.2 | -6.1 | -7.5 | -8.4 | - | - | - | -8.6 |
| 2023 | |||||||||||
| 25.7 | 4.6 | 3.3 | 2.1 | -13.6 | 7 | 3.2 | -7 | -8.9 | -5 | -3.8 | 7.9 |
| 2022 | |||||||||||
| 0.5 | 1.3 | -7.8 | -8.4 | -9.5 | -13.8 | 11.4 | -4.6 | 4 | 1.4 | 30.9 | -1.4 |
| 2021 | |||||||||||
| -11.8 | 32.4 | -5.2 | 2.8 | 2.7 | -7.3 | -19.6 | 3.4 | -16.3 | 5.6 | -9.8 | 5 |
EPS
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Q1 | -0 | -1.6 | -2.5 |
| Q2 | 0.8 | -1.1 | -1.2 |
| Q3 | -1 | -1.3 | -1.5 |
| Q4 | 0 | 0.3 | -1.5 |
| A | -0.21 | -3.7 | -6.6 |