earnings
confidence high
sentiment negative
materiality 0.75
Wynn Resorts Q1 2025: Revenue $1.70B (-8.7%), EPS $0.69 vs $1.30, Macau VIP weak
WYNN RESORTS LTD
2025-Q1 EPS reported
$0.69
revenue$1,700,397,000
- Operating revenues $1.70B, down $162.5M YoY; net income $72.7M vs $144.2M.
- Adjusted net income $113.1M ($1.07 diluted) vs $176.8M ($1.59) a year ago.
- Macau VIP win at Wynn Palace 2.61% and Wynn Macau 1.09%, both below expected 3.1%-3.4% range.
- Las Vegas revenue $625.3M, EBITDAR $223.4M vs $246.3M; Encore Boston Harbor EBITDAR $57.5M vs $63.1M.
- Board declared $0.25/share dividend, payable May 30; repurchased $200M stock in Q1 (2.36M shares at $84.76).