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Wynn Resorts Announces Early Results of Tender Offer for Cash by Wynn Las Vegas, LLC for its 5.500% Senior Notes due 2025
Businesswire· 2024-02-23 00:10
LAS VEGAS--(BUSINESS WIRE)--Wynn Resorts, Limited (NASDAQ: WYNN) (“Wynn Resorts”) today announced the early results and upsizing 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 “Off ...
Wynn Resorts(WYNN) - 2023 Q4 - Annual Report
2024-02-22 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period to Commission File No. 000-50028 WYNN RESORTS, LIMITED (Exact name of registrant as specified in its charter) Nevada 46-0484987 (State or other jurisdiction of i ...
Why Wynn Resorts Stock Jumped 8.5% This Week
The Motley Fool· 2024-02-09 22:29
Shares of Wynn Resorts (WYNN -0.48%) jumped this week after the company reported fourth-quarter 2023 financial results. According to data provided by S&P Global Market Intelligence, shares were up 10.2% at one point and closed the week up 8.3%.Las Vegas impressesRevenue jumped from $1 billion a year ago to $1.84 billion, and Macao was a big driver of the increase. Wynn Palace's revenue jumped from $113.1 million to $524.4 million, and Wynn Macau's revenue went from $77.2 million a year ago to $386.2 million ...
Wynn Resorts Announces Commencement of Tender Offer for Cash by Wynn Las Vegas, LLC for its 5.500% Senior Notes due 2025
Businesswire· 2024-02-08 22:01
LAS VEGAS--(BUSINESS WIRE)--Wynn Resorts, Limited (NASDAQ:WYNN) (“Wynn Resorts”) announced today that its indirect wholly-owned subsidiary, Wynn Las Vegas, LLC (“Wynn Las Vegas”) has commenced a cash tender offer (the “Tender Offer”) to purchase a portion of Wynn Las Vegas and Wynn Las Vegas Capital Corp.’s (collectively, the “Issuers”) 5.500% Senior Notes due 2025 (the “Notes”) in a principal amount of up to $800 million, exclusive of any applicable premiums paid in connection with the Tender Offer and acc ...
Wynn Resorts (WYNN) Q4 Earnings & Revenues Beat Estimates
Zacks Investment Research· 2024-02-08 16:16
Wynn Resorts, Limited (WYNN) reported impressive fourth-quarter 2023 results, with earnings and revenues surpassing the Zacks Consensus Estimate. Also, the top and the bottom line rose year over year. Following the results, the company’s shares moved up 2.6% during the after-hour trading session on Feb 7.Q4 Earnings & RevenuesDuring the quarter, the company reported adjusted earnings per share (EPS) of $1.91, beating the Zacks Consensus Estimate of $1.12 by 70.5%. In the prior-year quarter, the company repo ...
Wynn Resorts Stock Surges After Earnings
Schaeffers Research· 2024-02-08 16:10
Wynn Resorts Ltd (NASDAQ:WYNN) stock is surging today, after the casino giant's fourth-quarter results beat estimates. No fewer than six analysts lifted their price targets after the event, though CFRA slashed its rating to "hold" from "buy." At last glance, WYNN was up 7.4% at $107.25.Today's pop has Wynn Resorts stock gapping to its highest level since early August. The stock has more than recovered its mid-November post-earnings losses, which sent it to 52-week lows. On track for its eighth weekly win in ...
Wynn (WYNN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-02-08 01:31
Wynn Resorts (WYNN) reported $1.84 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 83.1%. EPS of $1.91 for the same period compares to -$1.23 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.72 billion, representing a surprise of +7.01%. The company delivered an EPS surprise of +70.54%, with the consensus EPS estimate being $1.12.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...
Wynn Resorts(WYNN) - 2023 Q4 - Earnings Call Transcript
2024-02-08 00:45
Wynn Resorts, Limited (NASDAQ:WYNN) Q4 2023 Earnings Conference Call February 7, 2024 5:00 PM ET Company Participants Julie Cameron-Doe - Chief Financial Officer Craig Billings - Chief Executive Officer Brian Gullbrants - Chief Operating Officer, North America Conference Call Participants Carlo Santarelli - Deutsche Bank Joseph Greff - JPMorgan Shaun Kelley - Bank of America Daniel Politzer - Wells Fargo Robin Farley - UBS Brandt Montour - Barclays Stephen Grambling - Morgan Stanley John DeCree - CBRE Chad ...
Wynn Resorts, Limited Reports Fourth Quarter and Year End 2023 Results
Businesswire· 2024-02-07 21:02
LAS VEGAS--(BUSINESS WIRE)--Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the fourth quarter ended December 31, 2023. Operating revenues were $1.84 billion for the fourth quarter of 2023, an increase of $835.5 million from $1.00 billion for the fourth quarter of 2022. Net income attributable to Wynn Resorts, Limited was $729.2 million for the fourth quarter of 2023, compared to net income attributable to Wynn Resorts, Limited of $32.4 million ...
Here's Why Wynn Resorts (WYNN) is a Strong Momentum Stock
Zacks Investment Research· 2024-02-07 15:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style S ...