Market Overview

UPDATE: Wynn Posts Lower Q4 Profit

Share:
Related WYNN
Gaming Stocks Pop After MGM Hires REIT Advisor
Credit Suisse: MGM Is The Best Gaming Stock To Own
Gambling Stock Roundup: Melco Crown to Open Boulevard at Studio City, Penn National and Las Vegas Sands in Focus - Analyst Blog (Zacks)

Wynn Resorts (NASDAQ: WYNN) reported a decline in its fourth-quarter profit.

Wynn's quarterly earnings dropped to $111.4 million, or $1.10 per share, from $190.5 million, or $1.52 per share, in the year-ago quarter. Excluding one-time items, it earned $1.17 per share.

Its total revenue declined to $1.29 billion from $1.34 billion. However, analysts expected earnings of $1.25 per share on revenue of $1.27 billion.

Wynn shares fell 0.66% to $124.39 in after-hours trading.

Posted-In: profitEarnings News

 

Related Articles (WYNN)

Around the Web, We're Loving...