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Wynn Resorts Earnings Miss, Revenue Beats In Q4 -Breaking

by Mike Robinson

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© Reuters. Wynn Resorts Revenue Beats Q4 Earnings

Wynn Resorts reported that fourth quarter revenue was higher than expected and missed forecasts by Investing.com.

Wynn Resorts posted earnings per share (EPS) of $-1.37 based on $1.05B revenue. Investing.com polled analyst to predict EPS at $-1.24 on revenues of $990.79M.

Wynn Resorts shares have risen 13% since the start of the year but are still 33.04% below its 52-week high of $143.75 on March 15, 2021. They are outperforming the S&P 500 which is down 6.19% from the start of the year.

After-hours trading at Wynn Resorts was boosted by 1.81% following the release.

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

Wynn Resorts reported on Monday, February 3rd after Amazon.com beat them to report EPS figures of $27.75 per share on $137.41B revenue. This compares with forecasts of EPS levels of $3.61 and $137.68B revenue.

Tesla exceeded expectations by beating forecasts on January 26, with fourth-quarter EPS of 2.54 on revenue $17.72B. This compares to expected EPS for revenue $17.13B of $2.36.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

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