Wynn Resorts Ltd (NASDAQ: WYNN) has reported earnings for its first fiscal quarter (ending March 31) of $1.30 versus $0.11 for the same period a year ago — an increase of 1082%. However, this performance was $-0.05 short of the consensus estimate of $1.35. For the latest four quarters through March 31, E.P.S. were $7.73 compared to $-2.01 a year ago.
Recent Price Action
Wynn Resorts Ltd (NASDAQ: WYNN) stock declined slightly by -0.7% on 5/7/24. The stock closed at $97.23. Moreover, this decline was accompanied by unusually high trading volume at 176% of normal. The stock has performed in line with the market over the last nine months and is unchanged 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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