Wynn Resorts (WYNN) Q2 Macau Results Show Weakness

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Go back to Wynn Resorts (WYNN) Q2 Macau Results Show Weakness

Wynn (WYNN) Cotai Project Worth $18-$55 per Share; Goldman Raises PT to $172

July 30, 2013 1:14 PM EDT

Goldman Sachs maintained a Buy rating on Wynn Resorts (NASDAQ: WYNN) and raised its price target to $172.00 (from $161.00). Analyst Steven Kent thinks shares will move higher ahead of the 2016 opening of its Cotai property.

"As valuations roll forward to 2014 and the... More

Wynn Resorts (WYNN) Still A Buy Following Q2 Earnings Miss - Nomura Securities

July 30, 2013 8:23 AM EDT

Nomura Securities analyst Harry C. Curtis reiterated a Buy rating and $155 price target on Wynn Resorts (NASDAQ: WYNN) despite a Q2 earnings miss.

On Cotai: "We believe that WYNN should have the strongest EBITDA growth from its current base in the next few years, driven by the opening of its Cotai... More

Wynn Resorts Ltd (WYNN) Misses Q2 EPS by 6c, Sales Light

July 29, 2013 7:34 AM EDT

Wynn Resorts Ltd (NASDAQ: WYNN) reported Q2 EPS of $1.51, $0.06 worse than the analyst estimate of $1.57. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.34 billion.

Macau Operations: In the second quarter of 2013, net revenues were $930.9 million, a 2.6% increase from the $907.6 million generated in the... More