Wynn Resorts Ltd (WYNN) Tops Q1 EPS by 28c

Wynn Resorts Ltd (NASDAQ: WYNN) reported Q1 EPS of $1.24, $0.28 better than the analyst estimate of $0.96. Revenue for the quarter came in at $1.48 billion versus the consensus estimate of $1.38 billion.

Adjusted Property EBITDA (2) was $427.5 million for the first quarter of 2017, an increase of 42.4%, or $127.3 million, from $300.3 million for the same period of 2016, primarily as a result of $111.9 million from Wynn Palace and an increase of $25.6 million from our Las Vegas Operations, partially offset by a decrease of $10.1 million from Wynn Macau.

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

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