Wynn Resorts (NASDAQ:WYNN) Reports Mixed Results

3 weeks ago 10

Luxury hotels and casino relation Wynn Resorts (NASDAQ:WYNN) bushed Wall Street’s gross expectations successful Q3 CY2025, with income up 8.3% twelvemonth connected twelvemonth to $1.83 billion. Its non-GAAP nett of $0.86 per stock was 25.4% beneath analysts’ statement estimates.

Is present the clip to bargain Wynn Resorts? Find retired successful our afloat probe report.

  • Revenue: $1.83 cardinal vs expert estimates of $1.77 cardinal (8.3% year-on-year growth, 3.4% beat)

  • Adjusted EPS: $0.86 vs expert expectations of $1.15 (25.4% miss)

  • Adjusted EBITDA: $486 cardinal vs expert estimates of $540.4 cardinal (26.5% margin, 10.1% miss)

  • Operating Margin: 16.9%, up from 7.9% successful the aforesaid 4th past year

  • Market Capitalization: $12.89 billion

"Our 3rd 4th results were marked by awesome EBITDA maturation successful Macau, and continued outperformance successful Las Vegas," said Craig Billings, CEO of Wynn Resorts, Limited.

Founded by the erstwhile Mirage Resorts CEO, Wynn Resorts (NASDAQ:WYNN) is simply a planetary developer and relation of high-end hotels and casinos, known for its luxurious properties and premium impermanent services.

Examining a company’s semipermanent show tin supply clues astir its quality. Any concern tin enactment up a bully 4th oregon two, but galore enduring ones turn for years. Thankfully, Wynn Resorts’s 18.3% annualized gross maturation implicit the past 5 years was solid. Its maturation bushed the mean user discretionary institution and shows its offerings resonate with customers.

Wynn Resorts Quarterly Revenue

Wynn Resorts Quarterly Revenue

We astatine StockStory spot the astir accent connected semipermanent growth, but wrong user discretionary, a stretched humanities presumption whitethorn miss a institution riding a palmy caller merchandise oregon trend. Wynn Resorts’s caller show shows its request has slowed arsenic its annualized gross maturation of 11.7% implicit the past 2 years was beneath its five-year trend. Note that COVID wounded Wynn Resorts’s concern successful 2020 and portion of 2021, and it bounced backmost successful a large mode thereafter.

Wynn Resorts Year-On-Year Revenue Growth

Wynn Resorts Year-On-Year Revenue Growth

Wynn Resorts besides breaks retired the gross for its 3 astir important segments: Casino, Hotel, and Dining and Entertainment, which are 29.6%, 1.2%, and 10.5% of revenue. Over the past 2 years, Wynn Resorts’s Casino gross (Poker, slots) averaged 21% year-on-year maturation portion its Hotel (overnight bookings) and Dining and Entertainment (food, beverage, Wynn Interactive) revenues averaged declines of 5.2% and 1.4%.

Wynn Resorts Quarterly Revenue by Segment

Wynn Resorts Quarterly Revenue by Segment

This quarter, Wynn Resorts reported year-on-year gross maturation of 8.3%, and its $1.83 cardinal of gross exceeded Wall Street’s estimates by 3.4%.

Looking ahead, sell-side analysts expect gross to turn 2.4% implicit the adjacent 12 months, a deceleration versus the past 2 years. This projection doesn't excite america and implies its products and services volition look immoderate request challenges.

Read Entire Article