Wynn Resorts (WYNN) reported $1.69 billion in income for the quarter ended September 2024, representing a year-over-year enhance of 1.3%. EPS of $0.90 for a similar interval compares to $0.99 a yr in the past.
The reported income represents a shock of -2.39% over the Zacks Consensus Estimate of $1.73 billion. With the consensus EPS estimate being $1.17, the EPS shock was -23.08%.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher challenge a inventory’s worth efficiency.
Right here is how Wynn carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Room occupancy fee – Wynn Las Vegas: 89% in comparison with the 89.9% common estimate based mostly on 4 analysts.
- Desk Drop – Las Vegas Operations: $580.80 million versus the four-analyst common estimate of $597.84 million.
- Common each day room fee – Wynn Las Vegas: $495 versus $502.85 estimated by 4 analysts on common.
- Slot Machine Deal with – Las Vegas Operations: $1.70 billion in comparison with the $1.62 billion common estimate based mostly on 4 analysts.
- Working revenues- Las Vegas Operations: $607.17 million in comparison with the $619.31 million common estimate based mostly on 5 analysts. The reported quantity represents a change of -1.9% yr over yr.
- Working revenues- Encore Boston Harbor: $214.12 million versus $211.79 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +1.8% change.
- Working revenues- Macau Operations: $871.75 million versus $891.47 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +6.3% change.
- Working revenues- Wynn Macau: $351.96 million versus the four-analyst common estimate of $344.04 million. The reported quantity represents a year-over-year change of +19.3%.
- Working revenues- Wynn Palace: $519.79 million versus $553.43 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a -1% change.
- Las Vegas Operations- Working revenues- Rooms: $187.12 million versus $194.81 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a +4.8% change.
- Encore Boston Harbor- Working revenues- Rooms: $24.74 million versus the three-analyst common estimate of $25.77 million. The reported quantity represents a year-over-year change of -0.4%.
- Encore Boston Harbor- Working revenues- On line casino: $158.74 million versus $155.15 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a +1.8% change.
View all Key Company Metrics for Wynn here>>>
Shares of Wynn have returned -9.3% over the previous month versus the Zacks S&P 500 composite’s +0.4% change. The inventory at present has a Zacks Rank #5 (Robust Promote), indicating that it may underperform the broader market within the close to time period.
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