Wynn Resorts, Limited Reports Second Quarter 2018 Results

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Wynn Resorts (WYNN) PT Lowered to $195 at Deutsche Bank

August 2, 2018 8:32 AM EDT

Deutsche Bank lowered its price target on Wynn Resorts (NASDAQ: WYNN) to $195.00 (from $215.00) while maintaining a Buy rating.

Analyst Carlo Santarelli commented, "Misses in LV / Macau......Focus Shifts to Continued 3Q Traction. Despite a steadily declining Consensus into the print, Macau results... More

Wynn Resorts (WYNN) PT Lowered to $187 at Susquehanna

August 2, 2018 6:27 AM EDT

Susquehanna lowered its price target on Wynn Resorts (NASDAQ: WYNN) to $187.00 (from $204.00) while maintaining a Positive rating.

Analyst Rachael Rothman commented, "Despite a 2Q shortfall, we continue to recommend WYNN shares as the challenges appear short term in nature, and we expect infrastructure... More

Wynn Resorts Ltd (WYNN) Misses Q2 EPS by 43c

August 1, 2018 4:03 PM EDT

Wynn Resorts Ltd (NASDAQ: WYNN) reported Q2 EPS of $1.53, $0.43 worse than the analyst estimate of $1.96. Revenue for the quarter came in at $1.61 billion versus the consensus estimate of $1.71 billion.

Wynn Macau

Operating revenues from Wynn Macau were $543.3 million for the second quarter of 2018, a 14.9% decrease from $638.5 million for the same period of 2017. Adjusted Property EBITDA from Wynn Macau was $172.9 million for the second quarter of 2018, a 17.8% decrease from... More