Wynn Q4 revenue flat at $1.84B; adjusted EPS $2.42 vs $1.91 YoY; declares $0.25 dividend

WYNN RESORTS LTD

2024-FY EPS reported $4.35 revenue$7,127,961,000

Net income $277M vs $729.2M prior year which included $474.2M tax benefit; diluted EPS $2.29 vs $6.19.
Adjusted Property EBITDAR $619.1M, down from $630.4M; full-year record adj. EBITDAR $2.36B.
Wynn Palace revenue +$38.6M to $562.9M; Wynn Macau revenue -$22.5M to $363.7M.
Dividend of $0.25/share payable March 5, 2025; Q4 share repurchases $200.3M at avg $93.44.
Wynn Al Marjan Island contributed $99M in Q4; total project contributions $631.7M; opening expected 2027.

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