Wynn Resorts Ltd (WYNN) Tops Q1 EPS by 24c

Wynn Resorts Ltd (NASDAQ: WYNN) reported Q1 EPS of $1.07, $0.24 better than the analyst estimate of $0.83. Revenue for the quarter came in at $1 million versus the consensus estimate of $998.49 million.

Macau Operations

In the first quarter of 2016, net revenues were $608.2 million, a 13.8% decrease from the $705.4 million generated in the first quarter of 2015. Adjusted Property EBITDA in the first quarter of 2016 was $191.2 million, down 9.9% from $212.3 million in the first quarter of 2015.

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

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