secwatch.observer — SEC 8-K summary
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Issuer:     WYNN RESORTS LTD (WYNN)
CIK:        0001174922
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001174922-24-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wynn Resorts Q4 2023 net income $729M, EPS $6.19; record EBITDAR $630M; declares $0.25 dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1174922/000117492224000017/0001174922-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1174922/000117492224000017/wynn-20240207.htm
  HTML page:      https://secwatch.observer/filing/0001174922-24-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer