Wynn Resorts (NASDAQ:WYNN) Issues Earnings Results, Misses Expectations By $0.16 EPS

Wynn Resorts (NASDAQ:WYNN) posted its quarterly earnings results on Thursday. The casino operator reported $1.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.33 by ($0.16), Zacks reports. The business had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.85 billion. Wynn Resorts had a negative return on equity of 54.88% and a net margin of 7.09%.The company’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the firm posted $2.42 EPS.

Here are the key takeaways from Wynn Resorts’ conference call:

• Wynn Al Marjan Island is advancing rapidly (topped out at the 70th floor, ~80% exterior glass complete) and the company expects rooms to go on sale late Q3/early Q4, supporting its multi‑year strategy to generate over 55% of revenues in non‑USD markets.
• Q4 performance was mixed — Wynn Las Vegas produced $241M adjusted property EBITDA with healthy gaming and ADRs, Boston set a slot revenue record with $57M EBITDAR, while Macau delivered strong volumes (VIP turnover +48%, mass drop +18%) but suffered ~ $16M of EBITDA loss from unusually low hold.
• The Encore Tower remodel begins mid‑May 2026 and will take ~12 months, removing about 80,000 room nights in 2026 and creating a modest near‑term EBITDA headwind despite partial rate recapture.
• Liquidity and capital returns remain healthy with $4.7B of global cash and revolver availability, consolidated adjusted property EBITDA > $2.2B, net leverage ~4.4x, and a continued quarterly cash dividend of $0.25 per share.
• 2026 spending and Al Marjan funding remain material — company expects $400M–$450M of CapEx, has contributed $914.2M equity to Al Marjan to date, drawn ~$769.6M on the construction loan, and estimates ~ $450M–$550M of remaining equity needs.

Wynn Resorts Price Performance

Shares of WYNN stock opened at $107.85 on Friday. Wynn Resorts has a fifty-two week low of $65.25 and a fifty-two week high of $134.72. The stock’s 50-day moving average is $118.64 and its two-hundred day moving average is $120.10. The firm has a market cap of $11.21 billion, a P/E ratio of 24.13, a PEG ratio of 9.98 and a beta of 1.06.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on WYNN shares. Barclays upped their target price on Wynn Resorts from $141.00 to $143.00 and gave the company an “overweight” rating in a report on Friday, January 16th. The Goldman Sachs Group reissued a “buy” rating and issued a $148.00 target price on shares of Wynn Resorts in a research report on Monday, December 15th. JPMorgan Chase & Co. upped their price target on shares of Wynn Resorts from $138.00 to $145.00 and gave the company an “overweight” rating in a research report on Monday, December 8th. Wells Fargo & Company started coverage on shares of Wynn Resorts in a research note on Tuesday, November 18th. They issued an “overweight” rating and a $151.00 price objective for the company. Finally, Stifel Nicolaus lifted their price objective on shares of Wynn Resorts from $150.00 to $160.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $139.64.

Wynn Resorts News Roundup

Here are the key news stories impacting Wynn Resorts this week:

• Positive Sentiment: Macau strength supported overall results — management cited higher sales at its Macau properties that helped offset weakness elsewhere; this provides revenue diversification and upside exposure to China recovery. WSJ: Mixed Q4 — Macau strength
• Positive Sentiment: Company declared a quarterly dividend, signaling cash-flow intent and returning capital to shareholders — a supportive factor for income-focused investors. TipRanks: Dividend declared
• Positive Sentiment: Brand and service recognition remain strong — Wynn received 18 Forbes Five-Star awards, which supports premium pricing and long-term brand value. PR Newswire: Forbes awards
• Neutral Sentiment: Revenue slightly beat estimates — operating revenue was $1.87B (up modestly year-over-year), roughly in line with expectations but not enough to offset profit pressure. PR Newswire: Q4 results
• Neutral Sentiment: Full earnings package and call materials published — investors can review the press release, slide deck and conference call for detail on margins, capital allocation and regional trends. MarketBeat: Earnings release & materials
• Negative Sentiment: EPS miss and profit compression drove the selloff — WYNN reported EPS of $1.17, below consensus (~$1.33–$1.37) and well under prior-year EPS, signaling margin pressure. Zacks: Q4 earnings lag
• Negative Sentiment: Las Vegas and Boston weakness pulled on overall profitability — management noted declines at those operations, which, combined with cost and margin issues, capped net income (reported profit ~$100M). Investors view U.S. softness as a near-term headwind. MSN: Las Vegas slump
• Neutral Sentiment: Non-operational news: an extortion arrest connected to Steve Wynn surfaced but appears unrelated to operations and is unlikely to move fundamentals materially. MSN: Extortion arrest

Hedge Funds Weigh In On Wynn Resorts

Hedge funds have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Wynn Resorts by 10.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,961 shares of the casino operator’s stock valued at $665,000 after acquiring an additional 754 shares during the last quarter. Woodline Partners LP lifted its stake in shares of Wynn Resorts by 36.2% in the 1st quarter. Woodline Partners LP now owns 7,568 shares of the casino operator’s stock valued at $632,000 after purchasing an additional 2,012 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in Wynn Resorts by 69.0% in the first quarter. Geneos Wealth Management Inc. now owns 382 shares of the casino operator’s stock worth $32,000 after purchasing an additional 156 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Wynn Resorts by 13.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,659 shares of the casino operator’s stock worth $155,000 after purchasing an additional 201 shares in the last quarter. Finally, Guggenheim Capital LLC increased its position in Wynn Resorts by 9.5% during the second quarter. Guggenheim Capital LLC now owns 10,008 shares of the casino operator’s stock worth $937,000 after buying an additional 868 shares during the last quarter. Institutional investors and hedge funds own 88.64% of the company’s stock.

Wynn Resorts Company Profile

Wynn Resorts, Limited (NASDAQ: WYNN) is a global developer and operator of luxury resorts and casinos, renowned for its premium hospitality offerings and integrated entertainment experiences. The company specializes in high-end hotel accommodations, gaming operations, fine dining restaurants, retail outlets, meeting and convention spaces, and live entertainment venues. Its properties are designed to cater to both leisure and business travelers seeking upscale environments and world-class service.

Founded in 2002 by hospitality entrepreneur Steve Wynn, the company opened its flagship property, Wynn Las Vegas, on the Las Vegas Strip in 2005, followed by Encore Las Vegas in 2008.