Wynn Resorts Misses Q1 Earnings Estimates, Shares Slide - Wynn Resorts (NASDAQ:WYNN)

Wynn Resorts posts downbeat quarterly results due to slowdown across its properties

(Reuters) -Wynn Resorts posted first-quarter results that missed Wall Street estimates on Tuesday, owing to sluggish business across its luxury resorts. The company reported a revenue fall of 8.7% at its Macau-based Wynn Palace and a 19.9% fall in revenue at Wynn Macau. Shares of Wynn were down 2.4% in after-market trading. They have fallen more than 9% since the start of 2025. Wynn said its Macau performance was hurt by high-stakes gamblers win…

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Wynn Resorts Misses Q1 Earnings Estimates, Shares Slide - Wynn Resorts (NASDAQ:WYNN)

Wynn Resorts, Ltd (NASDAQ:WYNN) reported first-quarter financial results Tuesday after the bell. Here’s a rundown of the report. Q1 Revenue: $1.7 billion, versus estimates of $1.74 billion Q1 Adjusted EPS: $1.07, versus estimates of $1.19 Total revenue was down from $1.86 billion in the first quarter of 2024. Operating revenue at Wynn Macau fell $81.8 million in the quarter, Wynn Palace revenue declined $51 million, Las Vegas revenue dropped $…

Wynn Resorts posts $1.70 billion in revenue for Q1 2025

Wynn Resorts posted $1.70 billion in revenue for the first quarter of 2025, marking an 8.7% decrease compared to the same period last year. Net income attributable to the company dropped by 49.6% to $72.7 million, while diluted earnings per share fell 46.9% to $0.69. Adjusted Property EBITDAR declined 17.6% year-on-year to $532.9 million, down from $646.5 million in Q1 2024. Adjusted net income also slipped 36% to $113.1 million, or $1.07 per di…

Wynn profits dip in Macao amid VIP win volatility, company says

Wynn Resorts’ first-quarter earnings reveal a downturn in its Macao operations, driven by lower-than-expected VIP gaming results, despite holding market share The post Wynn profits dip in Macao amid VIP win volatility, company says appeared first on Macao News.

Wynn Resorts’ Macau operations see income fall steeply in 1Q25, influenced by low VIP hold

Wynn Resorts’ Macau operations saw a lackluster first quarter of the year, with operating income falling by 38.27 percent, and overall revenue down by 13.3 percent. The post Wynn Resorts’ Macau operations see income fall steeply in 1Q25, influenced by low VIP hold first appeared on Asia Gaming News | AGB - Asia Gaming Brief.