Wynn Resorts Earnings, Revenue Miss in Q1

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Wynn Resorts announced earnings per share of $-3.54 on revenue of $953.7M. Analysts polled by Investing.com anticipated EPS of $-0.88 on revenue of $1.09B. That with comparison to EPS of $1.61 on revenue of $1.65B in the same period a year before. Wynn Resorts had reported EPS of $-0.62 on revenue of $1.65B in the previous quarter. Analysts are expecting EPS of $-1.49 and revenue of $964.5M in the upcoming quarter.

Wynn Resorts shares are down 42% from the beginning of the year , still down 48.32% from its 52 week high of $153.41 set on January 17. They are under-performing the Nasdaq which is down 2.05% year to date.

Wynn Resorts shares lost 2.43% in after-hours trade following the report.

Wynn Resorts’s report follows an earnings missed by Amazon.com on April 30, who reported EPS of $5.01 on revenue of $75.45B, compared to forecasts EPS of $6.16 on revenue of $73.74B.

Visa A had beat expectations on April 30 with second quarter EPS of $1.39 on revenue of $5.85B, compared to forecast for EPS of $1.34 on revenue of $5.72B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar