Wynn Resorts Ltd (NASDAQ: WYNN) has reported earnings for its second fiscal quarter (ending June 30) of $1.01 versus $0.93 for the same period a year ago — an increase of 9%. Relative to the consensus estimate of $1.19, this was a shortfall of $-0.18. For the latest four quarters through June 30, E.P.S. were $7.81 compared to $0.06 a year ago — an increase of 12917%.
Recent Price Action
Wynn Resorts Ltd (NASDAQ: WYNN) stock closed at $76.29 on 8/6/24 after a large increase of 3.7%. Moreover, this advance was accompanied by exceptionally high trading volume at 236% of normal. The stock has been weak relative to the market over the last nine months and has declined -7.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to fall short of the cost of capital, WYNN is expected to be a major Value Eraser.
Wynn Resorts is currently unrated.
Rating Review
The stock is currently unrated.
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