Wynn Resorts Gears Up For Q3 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Lisa Levin
Wynn Resorts, Limited (NASDAQ:WYNN) is expected to release its Q3 financial results on Nov. 9, 2023. Analysts predict earnings of 75 cents per share, compared to a loss of $1.20 per share a year ago, and revenue of $1.59 billion, up from $889.72 million. The company's shares fell 0.3% to close at $92.90 on Wednesday. Several analysts have recently revised their ratings and price targets for the company.
November 09, 2023 | 3:13 pm
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NEUTRAL IMPACT
Wynn Resorts is expected to post improved Q3 earnings and revenue. However, its stock price fell slightly ahead of the earnings release. Analysts have mixed views on the stock, with some maintaining their ratings and others adjusting their price targets.
The upcoming earnings release is a significant event for Wynn Resorts. The expected improvement in earnings and revenue could positively impact the stock. However, the recent slight drop in the stock price and the mixed views from analysts create uncertainty about the short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100