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Wynn Resorts(WYNN) - 2024 Q1 - Quarterly Results
2024-05-07 20:05
Exhibit 99.1 Wynn Resorts, Limited Reports First Quarter 2024 Results LAS VEGAS, May 7, 2024 — Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the first quarter ended March 31, 2024. Operating revenues were $1.86 billion for the first quarter of 2024, an increase of $439.2 million from $1.42 billion for the first quarter of 2023. Net income attributable to Wynn Resorts, Limited was $144.2 million for the first quarter of 2024, compared to net incom ...
Should You Buy Wynn Resorts (WYNN) Stock Ahead of Q1 Earnings?
Zacks Investment Research· 2024-05-06 15:01
Wynn Resorts, Limited (WYNN) is scheduled to release first-quarter 2024 results on May 7, 2024, after the closing bell. In the previous quarter, the company delivered an earnings surprise of 70.5%.How are Estimates Placed?The Zacks Consensus Estimate for first-quarter bottom line is pegged at $1.43 per share, indicating a surge of 393.1% from 29 cents reported in the year-ago quarter.For revenues, the consensus mark is pegged at nearly $1.8 billion. The metric suggests an improvement of 24.6% from the year- ...
Wynn Resorts Releases New, Updated Images of Wynn Al Marjan Island
Prnewswire· 2024-05-06 08:00
Wynn Design and Development, employing more than 90 talented architects, designers, and creative visionaries, is overseeing all facets of the project's design and development. Wynn Resorts is unique in that it maintains its own full-service design and architectural team. Wynn Design and Development has created all of Wynn's bespoke gaming resorts. Having designed and developed iconic resorts on two continents, and now with another in Ras Al Khaimah, it is safe to say no single design and architecture team h ...
Wynn (WYNN) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Zacks Investment Research· 2024-05-02 14:21
Wall Street analysts forecast that Wynn Resorts (WYNN) will report quarterly earnings of $1.43 per share in its upcoming release, pointing to a year-over-year increase of 393.1%. It is anticipated that revenues will amount to $1.77 billion, exhibiting an increase of 24.6% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 2.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reasses ...
Wynn Resorts Highlights Accomplishments in Sustainability and Community Impact with Release of 2023 Environmental, Social and Governance Report
Prnewswire· 2024-04-29 16:13
LAS VEGAS, April 29, 2024 /PRNewswire/ -- Wynn Resorts (Nasdaq: WYNN) has released its 2023 Environmental, Social and Governance (ESG) Report and Corporate Responsibility Review outlining the Company's 2023 responsibility programs. The reports showcase ongoing initiatives including nationwide philanthropic efforts and impactful sustainability practices. The Wynn Resorts ESG Report presents information that references select Global Reporting Initiative (GRI) Standards and Sustainability Accounting Board Stan ...
Wynn Resorts (WYNN) Registers a Bigger Fall Than the Market: Important Facts to Note
Zacks Investment Research· 2024-04-19 23:20
Wynn Resorts (WYNN) ended the recent trading session at $94.99, demonstrating a -1.16% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.88% for the day. Meanwhile, the Dow gained 0.56%, and the Nasdaq, a tech-heavy index, lost 2.05%.Prior to today's trading, shares of the casino operator had lost 3.86% over the past month. This has was narrower than the Consumer Discretionary sector's loss of 5.74% and lagged the S&P 500's loss of 2.57% in that ...
Wynn Resorts unveil renderings of massive $12B NYC casino complex
New York Post· 2024-03-13 20:39
Wynn Resorts unveiled art renderings for a massive $12 billion complex the casino giant hopes to build on Hudson Yards, a former graveyard for LIRR trains on the West Side of Manhattan.The ambitious proposal — created by real estate giant Related Companies — features an 80-story tower overlooking the Hudson River that houses a gaming facility and hotel. Office buildings, apartment towers, and a spacious 5.6-acre park would surround the gleaming casino skyscraper.Tourists walking along the High Line, an elev ...
Wynn Resorts Announces Final Results of Tender Offer for Cash by Wynn Las Vegas, LLC for its 5.500% Senior Notes due 2025
Businesswire· 2024-03-09 01:39
LAS VEGAS--(BUSINESS WIRE)--Wynn Resorts, Limited (NASDAQ: WYNN) (“Wynn Resorts”) today announced the final results of the previously announced tender offer (the “Tender Offer”) by its indirect wholly-owned subsidiary, Wynn Las Vegas, LLC, to purchase a portion of Wynn Las Vegas, LLC and Wynn Las Vegas Capital Corp.’s outstanding 5.500% Senior Notes due 2025 (the “Notes”). The Tender Offer is subject to the terms and conditions set forth in the Offer to Purchase dated February 8, 2024 (the “Offer to Purchas ...
Wynn Las Vegas to Debut Culinary Festival, Revelry, Following The World's 50 Best Restaurants Awards
Prnewswire· 2024-03-06 19:00
New Celebration Offers Four Days of Events Where Guests can "Eat. Drink. Party."LAS VEGAS, March 6, 2024 /PRNewswire/ -- This summer, Wynn Las Vegas (Nasdaq: WYNN) will unveil Revelry, an all-new culinary festival that will bring together some of the world's most esteemed chefs, best-in-class vintners, mixologists, art installations, and live entertainment. Taking place Wednesday, June 5 through Saturday, June 8, Revelry will showcase a variety of events and curated experiences throughout Wynn Las Vegas, fe ...
Wynn Resorts (WYNN) Just Flashed Golden Cross Signal: Do You Buy?
Zacks Investment Research· 2024-02-27 15:56
Wynn Resorts, Limited (WYNN) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, WYNN's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross."Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the 50-day and the ...