Wynn Resorts Earnings Beat, Revenue Misses In Q2
2022.08.09 23:22
Wynn Resorts Earnings Beat, Revenue Misses In Q2
Investing.com – Wynn Resorts (NASDAQ:WYNN) reported on Tuesday second quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.
Wynn Resorts announced earnings per share of $-0.82 on revenue of $908.83M. Analysts polled by Investing.com anticipated EPS of $-1.11 on revenue of $980.85M.
Wynn Resorts shares are down 22% from the beginning of the year, still down 38.54% from its 52 week high of $107.44 set on September 8, 2021. They are under-performing the S&P 500 which is down 13.48% from the start of the year.
Wynn Resorts shares lost 0.50% in after-hours trade following the report.
Wynn Resorts follows other major Consumer Discretionary sector earnings this month
Wynn Resorts’s report follows an earnings missed by Amazon.com on July 28, who reported EPS of $-0.2 on revenue of $121.23B, compared to forecasts EPS of $0.1199 on revenue of $119B.
Tesla had beat expectations on July 20 with second quarter EPS of $2.27 on revenue of $16.93B, compared to forecast for EPS of $1.81 on revenue of $16.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
