earnings
confidence high
sentiment positive
materiality 0.75
Wynn Resorts Q4 2023 net income $729M, EPS $6.19; record EBITDAR $630M; declares $0.25 dividend
WYNN RESORTS LTD
2023-FY EPS reported
$6.32
revenue$6,531,897,000
- Q4 operating revenues $1.84B, up 83.5% YoY; net income $729.2M vs $32.4M; diluted EPS $6.19 vs $0.29.
- Adjusted Property EBITDAR of $630.4M, a record, up from $195.1M in Q4 2022.
- Macau operations: Wynn Palace EBITDAR $171.1M (vs -$23.9M), Wynn Macau $125.8M (vs -$35.2M).
- Board declared $0.25/share quarterly dividend, payable Feb 29, 2024 to holders of record Feb 20.
- In Q4, repurchased 1.61M shares at avg $86.56 for $139.3M; full-year repurchases 2.21M shares for $195.5M.