Stock Track | Wynn Resorts Soars 5.69% After-Hours on Q2 Earnings and Revenue Beat

Stock Track08-05

Shares of Wynn Resorts surged 5.69% in after-hours trading following the release of second-quarter results that surpassed analyst expectations.

The casino operator reported adjusted earnings of $1.24 per share, up from $1.09 a year earlier and comfortably ahead of the $1.11 consensus estimate. Revenue rose 6.85% to $1.86 billion, beating the $1.84 billion forecast. Net income attributable to shareholders more than doubled to $140.1 million, fueled by a 21% revenue increase at Wynn Palace in Macau, which helped offset softer results in Las Vegas and Boston.

Investors also welcomed a $0.25-per-share dividend declaration and the company’s $75 million in share repurchases during the quarter. Wynn also provided a timeline for its Wynn Al Marjan Island project, now expected to open in September 2027, signaling confidence in its long-term growth pipeline.

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