Wynn Resorts Fourth Quarter Results and Lost Revenue By Investing.com

Investing.com – Wynn Resorts (NASDAQ 🙂 reported Thursday the fourth quarter that it fell short of analyst forecasts and revenue fell short of expectations. Wynn Resorts announced earnings per share of $ -2.45 on revenue of $ 686M. Analysts surveyed by Investing.com anticipated EPS of $ -2.29 on revenue of $ 728.94M. Wynn Resorts stock is down 3% since the beginning of the year, still 21.01% from its 52-week high of $ 137.58 set on February 19, 2020. They underperform the S&P 500, which it has risen 3.06% since the beginning of the year. Shares of Wynn Resorts gained 0.01% in after-hours trading after the report. Wynn Resorts Tracks Other Major Service Sector Gains This Month The Wynn Resorts report follows earnings from Amazon.com on Tuesday, which reported EPS of $ 14.09 on revenue of $ 125.56B, compared to EPS forecasts of $ 7.16 on income of $ 119.68B. Alibaba’s ADR beat expectations on Tuesday with a third quarter EPS of $ 22.03 on revenue of $ 221.08B, compared to the EPS forecast of $ 20.59 on revenue of $ 214.17B. Stay up to date on all upcoming earnings reports by visiting the Investing.com earnings calendar.

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