Wynn Resorts Q2 revenue and adjusted EPS beat estimates on Macau strength
WYNN•Drivers of the quarter
- Macau growth - Wynn Palace drove revenue gains with a 21% increase in operating revenue and higher mass market table games win percentage.
- Las Vegas slowdown - Las Vegas operations saw only a slight revenue increase and a decline in Adjusted Property EBITDAR.
- Encore Boston Harbor weakness - Encore Boston Harbor reported lower revenue and profitability, with table games win percentage falling below the prior year.
Q2 results beat estimates
Wynn Resorts' Q2 revenue rose year over year, beating analyst expectations.
Adjusted EPS for Q2 also beat analyst expectations.
The company repurchased $75 million in shares during the quarter.
Outlook and business priorities
Wynn Resorts expects Wynn Al Marjan Island to open in September 2027.
The company says demand dynamics remain healthy across its business.
Wynn Resorts continues to invest in growth and diversification.
Key financial details and analyst view
| Metric | Beat/Miss | Actual | Consensus Estimate |
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