Wynn Resorts, Limited Reports Second Quarter 2016 Results

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Go back to Wynn Resorts, Limited Reports Second Quarter 2016 Results

Nomura Securities Downgrades Wynn Resorts (WYNN) to Reduce

July 29, 2016 8:56 AM EDT

Nomura Securities downgraded Wynn Resorts (NASDAQ: WYNN) from Neutral to Reduce with a price target of $83.00 (from $78.00).

Analyst Richard Huang commented, "WYNN's soft 2Q results are the least of the company's worries. WYNN commented that it will receive only 100 table games... More

CLSA Downgrades Wynn Resorts (WYNN) to Underperform

July 29, 2016 8:50 AM EDT

CLSA downgraded Wynn Resorts (NASDAQ: WYNN) from Outperform to Underperform.

For an analyst ratings summary and ratings history on Wynn Resorts click here. For more ratings news on Wynn Resorts click here.

Shares of Wynn Resorts closed at $104.66 yesterday.

... More

Wynn Resorts Ltd (WYNN) Tops Q2 EPS by 16c; Macau Revenue Rose 3.6%

July 28, 2016 4:15 PM EDT

Wynn Resorts Ltd (NASDAQ: WYNN) reported Q2 EPS of $1.07, $0.16 better than the analyst estimate of $0.91. Revenue for the quarter came in at $1.06 billion versus the consensus estimate of $1.02 billion.

Macau Operations

Net revenues from our Macau Operations were $639.3 million for the second quarter of 2016, a 3.6% increase from $617.0 million in the same period of 2015. Adjusted Property EBITDA from our Macau Operations was $190.4 million for the second quarter of 2016, a 9.8% increase from $173.4 million in the same period of 2015.

Casino... More