Wynn Resorts Ltd (WYNN) Tops Q4 EPS by 27c

Wynn Resorts Ltd (NASDAQ: WYNN) reported Q4 EPS of $1.03, $0.27 better than the analyst estimate of $0.76. Revenue for the quarter came in at $946.9 million versus the consensus estimate of $948.37 million.

Macau Operations

In the fourth quarter of 2015, net revenues were $555.7 million, a 27.0% decrease from the $761.2 million generated in the fourth quarter of 2014. Adjusted property EBITDA in the fourth quarter of 2015 was $160.1 million, down 33.6% from $241.2 million in the fourth quarter of 2014.

Las Vegas Operations

In the fourth quarter of 2015, net revenues were $391.2 million, a 3.8% increase from $376.8 million in the fourth quarter of 2014. Adjusted property EBITDA in the fourth quarter of 2015 was $127.4 million, up 14.5% from $111.2 million in the fourth quarter of 2014.

For earnings history and earnings-related data on Wynn Resorts Ltd (WYNN) click here.

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