Wynn Resorts Limited (WYNN) is seeing a mixed bag in terms of its performance. While there has been an increase in its shares held by
Cetera Investment Advisers and
Comerica Bank, the company's stock performance has been largely underwhelming when compared to its competitors. Their
Q2 2024 earnings were disappointing, with reported
EPS of $0.91,
revenue of $1.73 billion, and a
dividend of $0.25, below the analysts' estimates. Despite this, record-setting
Q2 adjusted property EBITDAR has been reported. The company continues on with its new
resort development in the United Arab Emirates. Experts predict Wynn Resorts could be the
best performing dividend stock for the rest of 2024.
Future investments are on the horizon, with an increased stake from the
Vanguard Group Inc. Decoding Wynn Resorts reveals strategic insights, with WYNN showing record EBITDAR as
Q4 revenue soars. Despite concerns over economic weakness in China, Wynn Resorts is seen as a top momentum stock for the long-term.
Wynn Resorts Ltd WYNN News Analytics from Thu, 09 Nov 2023 08:00:00 GMT to Sun, 11 Aug 2024 10:10:30 GMT -
Rating -4
- Innovation 6
- Information 5
- Rumor 1