Wynn: Q2 Earnings Snapshot
LAS VEGAS (AP) _ Wynn Resorts Ltd. (WYNN) on Tuesday reported a loss of $130.1 million in its second quarter.
On a per-share basis, the Las Vegas-based company said it had a loss of $1.14. Losses, adjusted for non-recurring costs, were 82 cents per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 94 cents per share.
The casino operator posted revenue of $908.8 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $1.01 billion.