Wynn Resorts, Limited (WYNN)
S&P 500 Gains and Losses Today: Casino Stocks Jump as China Stimulus Lifts Outlook
Major U.S. equities indexes were mixed on the final trading day of the week as investors digested the latest Personal Consumption Expenditure (PCE) data showing consumer price pressures cooled in August, reinforcing expectations that the Federal Reserve will continue cutting interest rates.
WYNN Needs to Hedge Bets on China's Stimulus
Wynn Resorts (WYNN) saw its stock soar this week off news of China's stimulus package. To sustain that growth, Zach Warring says the company will need to see "significant improvement" from that stimulus to accelerate long-term growth.
Wynn Stock Is Eyeing Its Best Week in 2 Years. China Isn't the Only Reason.
Morgan Stanley analysts see opportunities beyond China—like the United Arab Emirates.
Strength Seen in Wynn (WYNN): Can Its 8.2% Jump Turn into More Strength?
Wynn (WYNN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Pomerantz Files Motion for Approval of Settlement in Landmark Securities Class Action Against Wynn Resorts - WYNN
One of the largest settlements of Section 10b-5 claims arising from #MeToo allegations NEW YORK, NY / ACCESSWIRE / September 19, 2024 / After six years of highly contested litigation, Pomerantz LLP has achieved a $70 million settlement in a securities class action brought on behalf of Wynn Resorts shareholders. On Monday, September 16th, the Firm filed a motion asking the United States District Court for the District of Nevada to grant preliminary approval to the settlement.
Taking A Gamble On Wynn Resorts
I recommend buying Wynn Resorts shares due to impressive financial results and reasonable valuation, despite the dividend yield being lower than the 10-year Treasury Note. Recent financial performance shows significant improvements: revenue, operating income, and net income up 8.6%, 33.5%, and 28.5%, respectively, compared to 2019. Long-term debt has decreased by 7.4%, reducing interest expenses by 4%, and the company has increased dividends significantly, though not yet to pre-pandemic levels.
Wynn (WYNN) Up 2.9% Since Last Earnings Report: Can It Continue?
Wynn (WYNN) reported earnings 30 days ago. What's next for the stock?
Prediction: This Dividend Stock Will Be the Best Performer the Rest of 2024
24/7 Wall St. Insights Increasing uncertainty about the stock market and the economy have income investors wondering where to look for opportunities.
Wynn Resorts (WYNN) Q2 Earnings & Revenues Lag, Both Up Y/Y
Wynn Resorts' (WYNN) second-quarter 2024 results reflect performance strengths across its Wynn Palace, Wynn Macau and Las Vegas operations, partially offset by soft contributions from the Encore Boston Harbor operation.
Wynn (WYNN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Wynn (WYNN) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Wynn Resorts (WYNN) Lags Q2 Earnings and Revenue Estimates
Wynn Resorts (WYNN) came out with quarterly earnings of $1.12 per share, missing the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $0.91 per share a year ago.
Wynn Resorts, Limited (WYNN) Q2 2024 Earnings Call Transcript
Wynn Resorts, Limited (NASDAQ:WYNN ) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Julie Cameron-Doe - Chief Financial Officer Craig Billings - Chief Executive Officer Brian Gullbrants - Chief Operating Officer, North America Conference Call Participants Carlo Santarelli - Deutsche Bank Joe Greff - JPMorgan Shaun Kelley - Bank of America Dan Politzer - Wells Fargo Stephen Grambling - Morgan Stanley David Katz - Jefferies Robin Farley - UBS Brandt Montour - Barclays Chad Beynon - Macquarie Operator Welcome to the Wynn Resorts Second Quarter 2024 Earnings Call. All participants are on a listen-only mode until the question-and-answer session of today's conference.
