Wynn Resorts Posts 3Q EPS of 17 Cents
WYNN is trading near its 52-week low of $70.79 (12% above the low).
Summary
Wynn Resorts reported third-quarter net income of $17.3M and revenue of $1.69B, with adjusted earnings per share of 33 cents and earnings per share of 17 cents. The bare headline gives no comparison to consensus and no year-over-year context, so the market's read will hinge on the full release and any guidance commentary. The board declared a $0.25 per share cash dividend, payable November 30, 2026 to holders of record November 16, 2026. This lands after a mixed stretch: Wynn Macau's first-half net profit jumped 570.5% to HK$1.55 billion on mass-market gaming strength, but the Encore Boston Harbor walkout has run 48 days and Massachusetts Gaming Commission data show September damage. The company also priced $900 million of 6.875% senior notes due 2035 in September and committed up to MOP1.365 billion to a Macau government fund in October, so balance-sheet and Macau policy items are already in play. Watch the full release for Macau mass-market hold, Boston labor costs, and any update on the UAE resort budget, which was raised by roughly $600 million in August.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Wynn's board declared a $0.25 per share cash dividend, payable November 30, 2026 to holders of record November 16, 2026.
At the time of this announcement, WYNN was trading at $79.23 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $8.2B. The 52-week trading range was $70.79 to $134.72. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.