The headline numbers for Wynn (WYNN) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Wynn Resorts, Limited (NASDAQ:WYNN ) Q4 2024 Results Conference Call February 13, 2025 4:30 PM ET Company Participants Julie Cameron-Doe - Chief Financial Officer Craig Billings - Chief Executive Officer Brian Gullbrants - Chief Operating Officer, North America Linda Chen - President, Wynn Macau Frederic Luvisutto - Chief Operating Officer, Wynn Palace Conference Call Participants Carlo Santarelli - Deutsche Bank Sean Kelley - Bank of America John DeCree - CBRE David Katz - Jefferies Robin Farley - UBS Dan Politzer - Wells Fargo Stephen Grambling - Morgan Stanley Steve Wieczynski - Stifel Brandt Montour - Barclays Chad Beynon - Macquarie Ben Chaiken - Mizuho Operator Welcome to the Wynn Resorts Fourth Quarter 2024 Earnings Call. [Operator Instructions] This call is being recorded.
Wynn Resorts (WYNN) came out with quarterly earnings of $2.42 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.91 per share a year ago.
You'd have to look far and wide to find an area of Wall Street not rattled by tariffs.
WYNN's fourth-quarter 2024 results are likely to reflect tough comps, intense competition and higher expenses.
Get a deeper insight into the potential performance of Wynn (WYNN) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Casino mogul Steve Wynn has asked the U.S. Supreme Court to hear an appeal that, if granted, could give the justices a chance to revisit libel protections for journalists enshrined in a landmark 1964 ruling that has been questioned by two conservative justices and President Donald Trump.
Wynn (WYNN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Wynn Resorts, Limited intends to buy the Crown London casino to strategically acquire customers to its currently under-construction UAE and other resorts. Industry data suggests a weaker Q4 with gaming revenues declining in the Las Vegas strip and growth moderating in Macau. With a still stable longer-term outlook, I estimate Wynn stock to be fairly valued, with an estimated fair value of $80.3.
Allan Zeman, non-executive chairman of Wynn Macau, talks about Macao's efforts to diversify beyond casinos, and how the territory's economy is changing.
Wynn (WYNN) reported earnings 30 days ago. What's next for the stock?
Moody's signaled the casino operator's credit rating could rise.