Wynn Resorts Ltd (WYNN) Misses Q3 EPS by 2c

Wynn Resorts Ltd (NASDAQ: WYNN) reported Q3 EPS of $0.86, $0.02 worse than the analyst estimate of $0.88. Revenue for the quarter came in at $996.3 million versus the consensus estimate of $1.03 billion.

Macau

In the third quarter of 2015, net revenues were $585.1 million, a 37.9% decrease from the $942.3 million generated in the third quarter of 2014. Adjusted property EBITDA in the third quarter of 2015 was $162.8 million, down 50.0% from $325.5 million in the third quarter of 2014.

Las Vegas

For the quarter ended September 30, 2015, net revenues were $411.2 million, a 3.9% decrease from $427.8 million in the third quarter of 2014. Adjusted property EBITDA was $117.1 million, down 12.1% compared to the prior year.

For earnings history and earnings-related data on Wynn Resorts Ltd (WYNN) click here.

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