Wynn (WYNN) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Wynn Resorts reported revenue of $1.84 billion for the quarter ended December 2024, a slight decrease of 0.1% year-over-year, but exceeded the Zacks Consensus Estimate by 3.38% [1] - The company's EPS was $2.42, significantly higher than the $1.91 reported in the same quarter last year, representing a surprise of 90.55% over the consensus estimate of $1.27 [1] Financial Performance Metrics - Las Vegas Operations generated revenue of $655.04 million, surpassing the average estimate of $629.35 million [4] - Revenue per available room (REVPAR) in Las Vegas was $527, exceeding the average estimate of $510.98 [4] - Average daily rate (ADR) for Las Vegas was $598, higher than the estimated $574.60 [4] - Slot machine handle in Las Vegas reached $1.91 billion, compared to the average estimate of $1.69 billion [4] - Operating revenues for Las Vegas Operations were $699.54 million, slightly above the estimated $649.07 million, reflecting a year-over-year increase of 0.4% [4] - Macau Operations reported operating revenues of $926.61 million, exceeding the average estimate of $908.44 million, with a year-over-year increase of 1.8% [4] - Encore Boston Harbor's operating revenues were $212.65 million, slightly below the estimate of $215.80 million, showing a year-over-year decline of 2.1% [4] - Wynn Macau's operating revenues were $363.68 million, marginally below the estimate of $364.94 million, representing a year-over-year decrease of 5.8% [4] - Wynn Palace reported operating revenues of $562.93 million, exceeding the average estimate of $542.16 million, with a year-over-year increase of 7.4% [4] - Las Vegas Operations' room revenue was $228.59 million, above the estimate of $221.11 million, but showed a year-over-year decline of 5.9% [4] - Casino revenue for Las Vegas Operations was $190.07 million, significantly higher than the average estimate of $148.10 million, reflecting a year-over-year increase of 13.4% [4] - Encore Boston Harbor's room revenue was $22.61 million, below the estimate of $24.49 million, indicating a year-over-year decline of 7% [4] Stock Performance - Wynn's shares have returned -4.9% over the past month, contrasting with the Zacks S&P 500 composite's increase of 3.9% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]