Wynn Resorts, Limited (NASDAQ: WYNN) is expected to release earnings results for its fourth quarter, after the closing bell on Feb. 7, 2024.
Analysts expect the casino company to report quarterly earnings at $1.15 per share, versus a year-ago loss of $1.23 per share. The company is projected to post revenue of $1.74 billion, compared to $1 billion in the year-earlier quarter, according to data from Benzinga Pro.
Macquarie, last month, upgraded Wynn Resorts from Neutral to Outperform and raised the price target from $115 to $122.
The Las Vegas-based company, during November, reported better-than-expected earnings for its third quarter. It reported third quarter operating revenue of $1.67 billion, which was up from a total of $889.7 million reported in the prior year's period, and compared to a Street consensus estimate of $1.585 billion.
With the recent buzz around Wynn Resorts, some investors ...