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Wynn Resorts reports Q3 EPS ($1.03), consensus 75c

Reports Q3 revenue $1.67B, consensus $1.58B. “Our third quarter results reflect continued strength across our property portfolio,” said Craig Billings, CEO of Wynn Resorts, Limited. “Our teams at Wynn Las Vegas and Encore Boston Harbor delivered a new third-quarter record for Adjusted Property EBITDAR at our combined North American properties as we continue to elevate our properties above those of our peers. In Macau, the recovery continued to progress during the quarter, with particular strength in our mass gaming, luxury retail and hotel businesses. On the development front, construction on Wynn Al Marjan Island is well underway, and we are confident the resort will be a ‘must see’ tourism destination in the UAE.”

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