Wynn Resorts Q4 2023 Adj EPS $1.91 Beats $1.15 Estimate, Sales $1.84B Beat $1.74B Estimate
Portfolio Pulse from Benzinga Newsdesk
Wynn Resorts reported Q4 2023 adjusted EPS of $1.91, surpassing the $1.15 estimate, with sales of $1.84B also beating the $1.74B estimate. This represents an 83.08% increase in sales compared to the same period last year.
February 07, 2024 | 9:03 pm
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Wynn Resorts exceeded Q4 2023 earnings and sales estimates, with a significant year-over-year sales increase.
Wynn Resorts' substantial beat on both earnings per share and sales estimates for Q4 2023, coupled with a significant year-over-year sales growth, is likely to positively impact investor sentiment and the stock price in the short term. The company's performance significantly exceeded analyst expectations, which typically leads to positive market reactions.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100