Wynn Resorts Ltd (WYNN)

[DiscoverGold]

$759.80 Million in Sales Expected for Wynn Resorts, Limited (WYNN) This Quarter
By: MarketBeat | April 10, 2021

Wall Street brokerages expect that Wynn Resorts, Limited (NASDAQ:WYNN) will report sales of $759.80 million for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for Wynn Resorts' earnings, with the lowest sales estimate coming in at $738.17 million and the highest estimate coming in at $784.21 million. Wynn Resorts posted sales of $953.72 million during the same quarter last year, which suggests a negative year-over-year growth rate of 20.3%. The company is expected to issue its next quarterly earnings report on Wednesday, May 5th.

On average, analysts expect that Wynn Resorts will report full-year sales of $4.20 billion for the current fiscal year, with estimates ranging from $3.97 billion to $4.62 billion. For the next year, analysts forecast that the company will post sales of $6.14 billion, with estimates ranging from $5.54 billion to $6.55 billion. Zacks Investment Research's sales averages are an average based on a survey of research firms that cover Wynn Resorts.

Wynn Resorts (NASDAQ:WYNN) last announced its quarterly earnings data on Thursday, February 4th. The casino operator reported ($2.45) EPS for the quarter, missing analysts' consensus estimates of ($2.22) by ($0.23). Wynn Resorts had a negative return on equity of 96.61% and a negative net margin of 25.71%. The company had revenue of $686.00 million for the quarter, compared to analyst estimates of $751.05 million. During the same period last year, the firm earned $0.86 earnings per share.

Read Full Story »»»

DiscoverGold