Feb 14, 03:54 PM

Wynn Resorts Reports Q4 Adjusted EPS of $2.42, Revenue of $1.84B, Adjusted Net Income $263.3M, Stock Surges 10.4%

Wynn Resorts, Limited reported strong fourth-quarter results for 2024, with adjusted earnings per share (EPS) of $2.42, surpassing the consensus estimate of $1.27. The company's revenue reached $1.84 billion, exceeding expectations of $1.77 billion. Adjusted net income was reported at $263.3 million, significantly higher than the estimated $143.8 million, while adjusted EBITDA was $619.1 million, compared to the forecast of $539.9 million. Following the earnings announcement, Wynn's stock surged by 10.4%. Barclays and Stifel both maintained their positive outlook on the stock, raising their price targets to $116 and $128, respectively.

#Wynn #Barclays #Stifel

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Markets Today@marketsday
1 year ago
Wynn Resorts — The casino stock surged 10.4% after fourth-quarter results topped estimates. Wynn reported $2.42 in adjusted earnings per share on $1.84 billion in revenue. Analysts had penciled in $1.27 per share and $1.77 billion of revenue, according to FactSet. Net revenue was…
CHItrader@CHItraders
1 year ago
$WYNN Stifel Maintains Buy on Wynn Resorts, Raises Price Target to $128
Barron's@barronsonline
1 year ago
Wynn Resorts Stock Pops on Earnings. Why Analysts Say It’s a Buy. https://t.co/Y8xvtGrirT

Wynn Resorts Reports Q4 Adjusted EPS of $2.42, Revenue of $1.84B, Adjusted Net Income $263.3M, Stock Surges 10.4%

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