Wynn Resorts, Limited (WYNN) Posts Quarterly Earnings Results, Beats Estimates By $0.57 EPS
Monday, July 18, 2021 5:02 PM

Wynn Resorts, Limited (WYNN) announced its quarterly results on Monday. The company reported $1.60 earnings per share for the quarter, beating the Thomson Reuters consensus estimate of $1.03 by $0.57. The company’s quarterly revenue was up 32.3% on a year-over-year basis.

On a related note, analysts at Sterne Agee raised their price target on shares of Wynn Resorts, Limited to $146.00 in a research note to investors on Monday. They now have a "neutral" rating on the stock. Also, analysts at Jefferies raised their EPS on shares of Wynn Resorts, Limited in a research note to investors on Friday. They now have a "buy" rating and a $189.00 price target on the stock.

Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts. It owns and operates two destination casino resorts Wynn Las Vegas, on the Strip in Las Vegas, Nevada, Encore at Wynn Las Vegas located adjacent to Wynn Las Vegas, and Wynn Macau, located in the Macau Special Administrative Region of the People’s Republic of China (Macau). The Company is also constructing Encore at Wynn Macau, an expansion of its Wynn Macau resort. The Company operates in two segments: Wynn Las Vegas, (which includes Encore at Wynn Las Vegas) and Wynn Macau.

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