Profile
Sector:
Consumer CyclicalIndustry:
Resorts & CasinosCountry:
United StatesIPO:
25 October 2002Website:
http://www.wynnresorts.comNext earnings report:
07 February 2025Last dividends:
15 November 2024Next dividends:
N/APrice
after hours | Sat, 23 Nov 2024 00:59:35 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
WYNN Latest News
WYNN is concentrating on expanding in the UAE and launching new projects in Macau, which is promising. However, rising operating costs are a worry.
The drop in Wynn shares following the disappointing third-quarter results presents a chance to purchase undervalued assets. The reported figures for the third quarter show only slight decreases, which align with the stock's historical trading behavior. The main focus has always been on the company's resilience and high-quality assets.
Billionaire Tilman Fertitta has raised his ownership in Wynn Resorts to 9.9%, as stated in a report to the Securities and Exchange Commission. The report suggests that his position is passive, but several sources close to the situation have informed CNBC that they believe Fertitta will be assertive.
Wynn Resorts (WYNN) saw its stock drop on Tuesday after the hotel and casino company reported third-quarter results that fell short of what analysts expected, mainly due to a slowdown in its Las Vegas operations.
WYNN's results for the third quarter of 2024 show strong demand for its resorts, even though costs are high.
WYNN's results for the third quarter of 2024 are expected to improve due to a rise in the number of visitors and higher demand, particularly in Las Vegas and Macau.
In addition to looking at analysts' estimates for Wynn's overall revenue and profit, it's important to assess predictions for some of its main metrics. This will help us understand how the company may have performed in the quarter that ended in September 2024.
Wynn Resorts, Limited (NASDAQ: WYNN) has announced that it will share its financial results for the third quarter, which ended on September 30, 2024, after the market closes on Monday, November 4, 2024. A conference call will take place at 1:30 p.m. PT (4:30 p.m. ET) and can be listened to live on their website under the "Company Information" section. Those interested can also join by calling (888) 455-5965 for domestic calls or (773) 799-3869 for international callers.
The award-winning resort will host five days of events centered around the second annual Las Vegas Grand Prix. Wynn Las Vegas (Nasdaq: WYNN) has announced its "Ultimate Race Week" for the second year in a row. This year's activities will begin on Wednesday, November 20, and continue until Sunday, November 24.
Wynn Resorts Ltd (NASDAQ:WYNN) shares are still rising, increasing by 1.1% to $106.60, following the news on Friday that the company has obtained the first commercial gaming operator license in the United Arab Emirates (UAE).
What type of business is Wynn Resorts Limited?
Wynn Resorts, Limited is an American company operating in the tourism, entertainment, and gambling industries. It was founded in 2002 by businessman Steve Wynn, who played a key role in revitalizing the Las Vegas Strip and developing the gambling zone in Atlantic City. Wynn Resorts, Limited is one of the largest developers, owners, and operators of hotel-casinos (integrated resorts), which include gaming floors, hotel rooms, fine dining restaurants, premium shops, entertainment theaters, large conference complexes, and golf courses.
What sector is Wynn Resorts Limited in?
Wynn Resorts Limited is in the Consumer Cyclical sector
What industry is Wynn Resorts Limited in?
Wynn Resorts Limited is in the Resorts & Casinos industry
What country is Wynn Resorts Limited from?
Wynn Resorts Limited is headquartered in United States
When did Wynn Resorts Limited go public?
Wynn Resorts Limited initial public offering (IPO) was on 25 October 2002
What is Wynn Resorts Limited website?
https://www.wynnresorts.com
Is Wynn Resorts Limited in the S&P 500?
Yes, Wynn Resorts Limited is included in the S&P 500 index
Is Wynn Resorts Limited in the NASDAQ 100?
No, Wynn Resorts Limited is not included in the NASDAQ 100 index
Is Wynn Resorts Limited in the Dow Jones?
No, Wynn Resorts Limited is not included in the Dow Jones index
When was Wynn Resorts Limited the previous earnings report?
No data
When does Wynn Resorts Limited earnings report?
The next expected earnings date for Wynn Resorts Limited is 07 February 2025