Wynn Resorts, Hilton Worldwide And An Energy Stock On CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Jim Lebenthal of Cerity Partners named Wynn Resorts, Limited WYNN as his final trade.

On Feb. 7, Wynn Resorts reported better-than-expected fourth-quarter financial results. The company reported quarterly earnings of $1.91 per share, which beat the analyst consensus estimate of $1.15 per share by just over 66%. It reported quarterly sales of $1.84 billion, beating the analyst consensus estimate of $1.74 billion by 5.83% and representing an 83.08% increase over sales of $1 billion from last year.

Jason Snipe of Odyssey Capital Advisors said he is staying long on Hilton Worldwide Holdings Inc. HLT.

Hilton Worldwide is expected to report first quarter 2024 financial results before the opening bell April 24, 2024. Analysts expect the company to report quarterly earnings at $1.42 per share on revenue of $2.55 billion.

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Stephanie Link of Hightower picked Schlumberger Limited SLB as her final trade.

On March 27, Schlumberger said it has entered into a deal with Aker Carbon Capture (ACC) to merge its carbon capture division, aiming to advance large-scale industrial decarbonization. Following the transaction, Schlumberger will own 80% of the combined business, and ACC will own 20%. Schlumberger will pay NOK 4.12 billion ($380.86 million) to acquire a majority stake at ACC.

Price Action:

• Wynn Resorts shares gained 4.2% to settle at $106.56 on Monday.
• Hilton Worldwide fell 0.3% to close at $212.70 on Monday.
• Schlumberger rose 0.8% to settle at $55.22 during Monday’s session.

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