Wynn Resorts LimitedNASDAQ: WYNN

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).

Wynn Resorts, Limited (NASDAQ: WYNN) has announced that it will host an Analyst & Investor Update Meeting to talk about Wynn Al Marjan Island, its integrated resort being built in the UAE. This event is scheduled for October 8, 2024, at Wynn Las Vegas. CEO Craig Billings and other leaders from Wynn Resorts will present, including details on the resort's anticipated financial performance.

On September 26th, Las Vegas Sands, a casino and resort company in Macau and Singapore, saw its stock increase by 8%, while the S&P 500 index only rose by 0.4%. Similarly, Wynn's stock (NASDAQ: WYNN) also went up by 8.20% on that day.

On the last trading day of the week, major U.S. stock indexes showed mixed results as investors analyzed the recent Personal Consumption Expenditure (PCE) data. This data indicated that consumer price pressures eased in August, which supports the belief that the Federal Reserve may keep lowering interest rates.

Wynn Resorts (WYNN) experienced a rise in its stock this week due to news about China's stimulus package. According to Zach Warring, for the company to maintain this growth, it will require "significant improvement" from the stimulus to boost long-term development.