Wynn: Q2 Earnings Snapshot

August 9, 2022 GMT

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WYNN at https://www.zacks.com/ap/WYNN