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Wynn Resorts Earnings, Revenue Miss in Q1 -Breaking

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© Reuters. Wynn Resorts Revenue and Earnings Miss Q1

Wynn Resorts reported its first quarter results on Tuesday, citing revenue that was below analysts’ expectations and a miss in Investing.com.

Wynn Resorts posted earnings per share (EPS) of $-1.21 based on revenue $953.33M. Investing.com polled analyst to predict EPS at $-1.17 on revenues of $986.35M.

Wynn Resorts shares fell 27% over the first of the year. This is still 54.94% off its 52-week peak of $136.81, which was set on June 2, 20,21. They are under-performing the S&P 500 which is down 16.04% from the start of the year.

After-hours trading at Wynn Resorts was affected by the report and saw shares of Wynn Resorts fall by 2.64%

Wynn Resorts is following other important Consumer Discretionary Sector earnings this month

Wynn Resorts reports on an Amazon.com earnings miss on April 28th, which reported EPS at $-7.56 per share on $116.44B in revenue. This compares to Amazon.com’s forecasts of EPS at $8.35 for revenue $116.45B.

Tesla exceeded expectations in April 20, posting a first quarter EPS (EPS) of $3.22 on revenues of $18.76 billion, as compared with a forecast of EPS (2.26 for revenue $17.87B).

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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