Wynn Resorts, Limited (NASDAQ:WYNN) is scheduled to announce its earnings results after the market closes on Tuesday, October 31st. Analysts expect the company to announce earnings of $1.28 per share for the quarter.

Wynn Resorts, Limited (NASDAQ:WYNN) last announced its earnings results on Tuesday, July 25th. The casino operator reported $1.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.16 by $0.02. The firm had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.47 billion. Wynn Resorts, Limited had a net margin of 5.02% and a return on equity of 165.77%. Wynn Resorts, Limited’s revenue was up 44.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.07 EPS. On average, analysts expect Wynn Resorts, Limited to post $5.03 EPS for the current fiscal year and $6.01 EPS for the next fiscal year.

Wynn Resorts, Limited (NASDAQ WYNN) opened at 144.76 on Tuesday. The company has a 50-day moving average of $144.84 and a 200-day moving average of $133.10. The company has a market cap of $14.76 billion, a price-to-earnings ratio of 54.18 and a beta of 1.67. Wynn Resorts, Limited has a 12 month low of $82.51 and a 12 month high of $150.40.

In related news, President Matt Maddox sold 42,900 shares of the business’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $143.44, for a total transaction of $6,153,576.00. Following the transaction, the president now directly owns 350,586 shares of the company’s stock, valued at approximately $50,288,055.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kimmarie Sinatra sold 21,451 shares of the business’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $143.62, for a total value of $3,080,792.62. Following the transaction, the executive vice president now directly owns 223,443 shares in the company, valued at $32,090,883.66. The disclosure for this sale can be found here. Insiders have sold a total of 67,351 shares of company stock worth $9,621,369 over the last three months. 13.20% of the stock is owned by insiders.

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A number of analysts recently commented on the company. Citigroup Inc. lifted their price objective on Wynn Resorts, Limited to $161.00 and gave the stock a “buy” rating in a research report on Monday, October 16th. BidaskClub lowered Wynn Resorts, Limited from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Zacks Investment Research upgraded Wynn Resorts, Limited from a “hold” rating to a “buy” rating and set a $162.00 price objective for the company in a research report on Tuesday, September 26th. Stifel Nicolaus reiterated a “hold” rating and issued a $134.00 price objective (up from $128.00) on shares of Wynn Resorts, Limited in a research report on Wednesday, July 26th. Finally, Instinet reiterated a “neutral” rating on shares of Wynn Resorts, Limited in a research report on Monday, July 17th. Twelve equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. Wynn Resorts, Limited has a consensus rating of “Buy” and an average price target of $137.52.

Wynn Resorts, Limited Company Profile

Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts that integrate accommodations and a range of amenities, including dining outlets, retail offerings, entertainment theaters and meeting complexes. The Company’s segments include Macau Operations and Las Vegas Operations.

Earnings History for Wynn Resorts, Limited (NASDAQ:WYNN)

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