30.01.2019 22:05:59

Wynn Resorts Ltd. Q4 adjusted earnings Miss Estimates

(RTTNews) - Wynn Resorts Ltd. (WYNN) revealed a profit for fourth quarter that fell from last year.

The company's bottom line came in at $476.62 million, or $4.41 per share. This compares with $491.68 million, or $4.77 per share, in last year's fourth quarter.

Excluding items, Wynn Resorts Ltd. reported adjusted earnings of $113.97 million or $1.06 per share for the period.

Analysts had expected the company to earn $1.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.3% to $1.69 billion from $1.62 billion last year.

Wynn Resorts Ltd. earnings at a glance:

-Earnings (Q4): $113.97 Mln. vs. $144.33 Mln. last year. -EPS (Q4): $1.06 vs. $1.40 last year. -Analysts Estimate: $1.36 -Revenue (Q4): $1.69 Bln vs. $1.62 Bln last year.

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