Wynn Resorts Earnings Preview: Analysts Expect Rising Revenue

Need to brush up a bit ahead of Monday's announcement? We've got just the thing. Here's your essential guide to Wynn Resorts' second quarter earnings report.

Let's Do the Numbers:

Wall Street expects a positive EPS reading of 97 cents per share and revenues of $1.26 billion. We'll have to wait for Monday to see if Wynn Resorts falls in line with analyst expectations and reports an estimated increase in both EPS and revenue from the year-ago quarter.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	73 cents	63 cents	41 cents	40 cents
EPS Actual	$1.38	91 cents	39 cents	52 cents

Stock Performance:

At last check, shares of Wynn Resorts were trading at $156.35. Since January 1st, shares of Wynn Resorts have given investors a return of 51.1%. For a full 12 months, the return has risen by 53.3%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Wynn Resorts is a Hold. The strength of this rating has crept upwards over the past three months.

Competitors:

Want to check out the performance of Wynn Resorts closest competitors? Take a look at some of the company's peers in the Consumer Discretionary.

• Boyd Gaming BYD: Hold with a - $0.01 recent quarter EPS
• Las Vegas Sands LVS: Moderate Buy with a $0.37 recent quarter EPS
• MGM Resorts MGM: Hold with a - $0.16 recent quarter EPS

The gaming company's industry has seen price/earnings contraction of 3% during the current fiscal year.

Finally, a description of the main business areas of the company, in case you need a little refresher: Wynn Resorts is a developer, owner and operator of destination casino resorts. It owns and operates three: Wynn Las Vegas, Encore at Wynn Las Vegas and Wynn Macau.

Take Action:

Now that you've gotten an advanced peak at Wynn Resorts' upcoming earnings numbers, keep an eye out for any surprises in the report and be ready to take action. Also, check back in with us after the announcement for a full recap and a guide to your next steps.

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