Earnings Miss: Wynn Resorts, Limited Missed EPS And Analysts Are Revising Their Forecasts

Simply Wall St.11-07

There's been a notable change in appetite for Wynn Resorts, Limited (NASDAQ:WYNN) shares in the week since its quarterly report, with the stock down 13% to US$85.32. Things were not great overall, ...

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Things were not great overall, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/earnings-miss-wynn-resorts-limited-123845565.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Earnings Miss: Wynn Resorts, Limited Missed EPS And Analysts Are Revising Their Forecasts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEarnings Miss: Wynn Resorts, Limited Missed EPS And Analysts Are Revising Their Forecasts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-07 20:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/earnings-miss-wynn-resorts-limited-123845565.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There's been a notable change in appetite for Wynn Resorts, Limited (NASDAQ:WYNN) shares in the week since its quarterly report, with the stock down 13% to US$85.32. Things were not great overall, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/earnings-miss-wynn-resorts-limited-123845565.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WYNN","symbol_name":"永利度假村","start_time":0,"source_url":"https://finance.yahoo.com/news/earnings-miss-wynn-resorts-limited-123845565.html","article_id":"2481875851","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/0yWFmUwzv29g9S_H7Pjruw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/5b1d2ff7e1125ee2296b665d2ce31a1c"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481875851","pubTimestamp":1730983125,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"There's been a notable change in appetite for Wynn Resorts, Limited  shares in the week since its quarterly report, with the stock down 13% to US$85.32. Things were not great overall, with a surprise  loss of US$0.29 per share on revenues of US$1.7b, even though the analysts had been expecting a profit. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Wynn Resorts. On the plus side, there were no maj","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"WYNN":"永利度假村"},"translate_title":"盈利未达预期：永利度假村有限公司每股收益未达预期，分析师正在修改预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WYNN":1},"content_text":"There's been a notable change in appetite for Wynn Resorts, Limited (NASDAQ:WYNN) shares in the week since its quarterly report, with the stock down 13% to US$85.32. Things were not great overall, with a surprise (statutory) loss of US$0.29 per share on revenues of US$1.7b, even though the analysts had been expecting a profit. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. \n Check out our latest analysis for Wynn Resorts \n\n\n\n  NasdaqGS:WYNN Earnings and Revenue Growth November 7th 2024\n \n\n After the latest results, the 17 analysts covering Wynn Resorts are now predicting revenues of US$7.27b in 2025. If met, this would reflect a credible 2.0% improvement in revenue compared to the last 12 months. Statutory earnings per share are expected to nosedive 41% to US$5.17 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$7.34b and earnings per share (EPS) of US$5.45 in 2025. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a small dip in their earnings per share forecasts. \n It might be a surprise to learn that the consensus price target was broadly unchanged at US$116, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Wynn Resorts analyst has a price target of US$145 per share, while the most pessimistic values it at US$93.00. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation. \n One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Wynn Resorts' revenue growth is expected to slow, with the forecast 1.6% annualised growth rate until the end of 2025 being well below the historical 8.4% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 9.6% per year. Factoring in the forecast slowdown in growth, it seems obvious that Wynn Resorts is also expected to grow slower than other industry participants. \nThe Bottom Line \n The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Wynn Resorts. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. \n Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for Wynn Resorts going out to 2026, and you can see them free on our platform here.. \n Don't forget that there may still be risks. For instance, we've identified   3 warning signs for Wynn Resorts (2 are potentially serious)  you should be aware of. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481875851"}