Wynn Resorts (WYNN) Higher Despite Miss, Peers (MGM) (LVS) Flat

July 17, 2012 4:15 PM EDT
Get Alerts WYNN Hot Sheet
Price: $99.60 -0.5%

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Rooms: 152.61M

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Wynn Resorts Ltd (NASDAQ: WYNN) is trading fractionally higher despite a Q2 miss.

Wynn reported Q2 EPS of $1.38, $0.13 worse than the analyst estimate of $1.51. Revenue for the quarter came in at $1.25 billion versus the consensus estimate of $1.34 billion.

Shares of WYNN last traded at $98, up from the close of $97.36.

Peers Las Vegas Sands Corp. (NYSE: LVS) and MGM Resorts (NYSE: MGM) are flat.


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