How To Earn $500 A Month From Wynn Resorts Stock Ahead Of Q4 Print
Portfolio Pulse from Avi Kapoor
Wynn Resorts, Limited (NASDAQ:WYNN) is anticipated to release its Q4 earnings on Feb. 7, 2024, with analysts expecting a significant improvement from a year-ago loss to earnings of $1.15 per share and revenue of $1.74 billion. Macquarie upgraded WYNN to Outperform, raising the price target to $122. The company's recent performance and a 1.00% annual dividend yield present an investment opportunity for dividend income, with calculations provided for earning $500 or $100 monthly through dividends.
February 07, 2024 | 2:20 pm
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Wynn Resorts is expected to report a positive turnaround in its Q4 earnings with a projected EPS of $1.15 and revenue of $1.74 billion. The company's stock was upgraded by Macquarie and has a 1.00% annual dividend yield, offering an investment opportunity for dividend income.
The positive earnings expectation, coupled with the recent upgrade by Macquarie, suggests a bullish outlook for WYNN. The detailed dividend income strategy further highlights the stock's attractiveness for income-focused investors. The anticipated improvement in financial performance and the analyst upgrade are likely to have a positive short-term impact on WYNN's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100