Wynn Resorts Ltd (WYNN) Tops Q1 EPS by 1c, Revenues Miss
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Wynn Resorts, Limited Reports First Quarter 2019 Results
May 9, 2019 4:02 PM EDTLAS VEGAS--(BUSINESS WIRE)-- Wynn Resorts, Limited (NASDAQ: WYNN) ("the Company") today reported financial results for the quarter ended March31, 2019.
Operating revenues were $1.65 billion for the first quarter of 2019, a decrease of 3.7%, or $64.0 million, from $1.72 billion for the first quarter of 2018. Operating revenues increased $60.8 million at Wynn Palace and decreased $94.4 million and $30.5 million at Wynn Macau and our Las Vegas Operations, respectively.
On a U.S. generally accepted accounting principles ("GAAP") basis, net income attributable to Wynn Resorts, Limited was $104.9 million, or $0.98 per diluted share, for the first quarter of 2019,... More
