Wynn Resorts Q3 Numbers Likely to be Soft, Says Stifel Analyst

MGM Resorts became the latest gambling giant to warn of waning demand at Las Vegas casinos, joining peers Wynn Resorts, Las Vegas Sands and who said earlier this week that Q3 bookings were soft at their Las Vegas casinos. Stifel managing director Steven Wieczynski said MGM's results. On the earnings front, Wynn Resorts Ltd. (WYNN) reported disappointing first posted better-than-expected results with earnings and revenues beating the Coronavirus Impact Can't Be Solved by Fed, CalSTRS CIO Ailman Says 4 hours ago Nathan Jones -- Stifel Financial Corp. -- Analyst. Good morning, everyone.

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Wynn Resorts Q3 Numbers Likely to be Soft, Says Stifel Analyst - Wynn Resorts Q3 Numbers Likely to be Soft, Says Stifel Analyst

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COMPANY INFORMATION | WYNN RESORTS LTD ABM Industries Q4 Earnings Preview and acknowledge that our core margin estimates were too high," says analyst Chritopher Horvers Stifel sees attractive entry point on Lululemon Virco Manufacturing reports Q3 results Chanos warns on Wynn Resorts and Las Vegas Sands Oxford -9% after soft guidance. Latest Q. Citing expectations for softness among high end Macau gamblers during the July through September quarter, Stifel analyst Steven Wieczynski on Thursday trimmed his , , and earnings before interest, taxes, depreciation and amortization EBITDA estimates on the gaming company. In addition, headline risk, which includes the fallout from allegations of sexual misconduct by Founder Steven Wynn , has been diminished. Check your junk mail — 4 million Americans are getting their stimulus payments as prepaid debit cards, not checks.

Wynn Resorts EBITDA, Price Target Pared by Analyst Citing Softness Among Macau VIPs


Wynn Resorts' stock rallies after Stifel Nicolaus analyst turns bullish Published: July 10, at a. Citing expectations for softness among high end Macau gamblers during the July through September quarter, Stifel analyst Steven Wieczynski on Thursday trimmed his , , and earnings before interest, taxes, depreciation and amortization EBITDA estimates on the gaming company. News Financial Share this:. Check your junk mail — 4 million Americans are getting their stimulus payments as prepaid debit cards, not checks. Earnings Release. Wynn Resorts owns and operates Wynn Las Vegas wynnlasvegas. Retirement Planner. In addition, headline risk, which includes the fallout from allegations of sexual misconduct by Founder Steven Wynn , has been diminished. Most Read. Minimum 15 minutes delayed. But the lower forecast still implies upside of about 22 percent from current levels. Skip to main navigation. RSS Feeds. The U. Casino Expansion David Sheldon — July 6, And the recent selloff in the stock suggests buyside expectations are now more realistic, and that the macro environment only has to remain "somewhat status quo" to produce upside. Economic Calendar. Investors should already be primed for a glum third quarter of Macau results from Wynn, because the company already warned about softness in its July and August numbers, directly citing the Chinese region as the reason. Coronavirus update: U. US Dollar. Wieczynski said his upgrade might be a bit early, but said that World Cup is nearly over, and there hasn't been a huge correlation between VIP play at casinos over the long term and stock market turmoil. The company also issued Q1 sales guidance above estimates. Privacy Policy. Beauty, Inc. Wynn Las Vegas recently unveiled the new Wynn Golf Club and hole, acre championship golf course, and in February will debut a ,square-foot meeting and convention space expansion powered by percent renewable energy. As usual, Macau will loom large when Wynn Resorts reports third-quarter results, and one analyst isn't expecting much from the VIP segment.


Wynn Resorts Q3 Numbers Likely to be Soft, Says Stifel Analyst - Wynn Resorts' stock rallies after Stifel Nicolaus analyst turns bullish - MarketWatch


Casino Expansion David Sheldon — July 6, The company also reaffirmed FY20 sales guidance. Beauty, Inc. Most Popular. Beauty is expected to release quarterly earnings today. News Financial Share this:. The company also raised FY19 sales guidance and issued Q4 sales guidance above analyst estimates. Contact Us. Privacy Policy. Economic Calendar. The efficacy data was mixed, with the Cohort 1 patients not showing a reduction in phenylalanine through Week 10 and The company also issued Q1 and FY20 sales guidance below estimates. Retirement Planner. The U. Valeritas reaffirmed its Q2 and FY19 sales guidance. Copyright West LLC. Management Team. Citing expectations for softness among high end Macau gamblers during the July through September quarter, Stifel analyst Steven Wieczynski on Thursday trimmed his , , and earnings before interest, taxes, depreciation and amortization EBITDA estimates on the gaming company. Last updated on: October 24, , h. Latest K. The company also issued Q4 sales guidance below estimates. Related News Articles. Wynn and Encore Las Vegas feature two luxury hotel towers with a total of 4, spacious hotel rooms, suites and villas, approximately , square feet of casino space, 22 dining experiences featuring signature chefs and 11 bars, two award-winning spas, approximately , square feet of meeting and convention space, approximately , square feet of retail space as well as two showrooms; two nightclubs, a beach club and recreation and leisure facilities. Wynn Resorts' stock rallies after Stifel Nicolaus analyst turns bullish Published: July 10, at a. Most Read. Uber is expected to release quarterly earnings today. Latest Q. Check your junk mail — 4 million Americans are getting their stimulus payments as prepaid debit cards, not checks.



Wynn Resorts' stock rallies after Stifel Nicolaus analyst turns bullish Published: July 10, at a. Privacy Policy. Sign Up Log In. Most Popular. Casino Expansion David Sheldon — July 6, Analyst Steven Wieczynski raised his rating to buy, after being at hold for at least the past two years. The company also issued Q1 and FY20 sales guidance below estimates. Annual Report. Skip to main navigation. Shares of Wynn Resorts Ltd. Latest K. Last updated on: October 24, , h. Investors should already be primed for a glum third quarter of Macau results from Wynn, because the company already warned about softness in its July and August numbers, directly citing the Chinese region as the reason. The company also raised FY19 sales guidance and issued Q4 sales guidance above analyst estimates. Wynn and Encore Las Vegas feature two luxury hotel towers with a total of 4, spacious hotel rooms, suites and villas, approximately , square feet of casino space, 22 dining experiences featuring signature chefs and 11 bars, two award-winning spas, approximately , square feet of meeting and convention space, approximately , square feet of retail space as well as two showrooms; two nightclubs, a beach club and recreation and leisure facilities. WYNN, The U.


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Last updated on: October 24, , h. Casino Expansion David Sheldon — July 6, Latest Q. Name, email and comment will be stored in our database. Shares of Wynn Resorts Ltd. Skip to main navigation. Latest K. No comments yet Write a comment Write a comment Cancel reply Your email address will not be published. RSS Feeds. Uber is expected to release quarterly earnings today. Coronavirus update: U. In addition, headline risk, which includes the fallout from allegations of sexual misconduct by Founder Steven Wynn , has been diminished. The company also issued Q1 and FY20 sales guidance below estimates. The company also issued Q1 sales guidance above estimates. E-mail Alerts. The company also issued Q4 sales guidance below estimates. The efficacy data was mixed, with the Cohort 1 patients not showing a reduction in phenylalanine through Week 10 and Annual Report. WYNN The U. US Dollar. Wynn Resorts owns and operates Wynn Las Vegas wynnlasvegas. Copyright West LLC. #OUT +10% Outfront Media Inc. - after reporting better-than-expected results for its after the company issued Q2 EPS and sales guidance below analyst estimates. #DXCM +21% DexCom, Inc. -after the company posted upbeat Q3 results #MRO Marathon Oil -Stifel Nicolaus #WYNN Wynn Resorts -B of A Securities. Shares of Wynn Resorts Ltd. undefined hiked up % in premarket trade Tuesday, after Stifel Nicolaus turned bullish on the casino operator, citing a Spotify stock falls after report says Amazon may invest in localized podcasts A staggering number of laid-off workers are receiving more money in.


Name, email and comment will be stored in our database. Contact Us. Uber is expected to release quarterly earnings today. Beauty is expected to release quarterly earnings today. Annual Report. Privacy Policy. But the lower forecast still implies upside of about 22 percent from current levels. You can follow him on Twitter TomiKilgore. Valeritas reaffirmed its Q2 and FY19 sales guidance. Most Commented. The company also raised FY19 sales guidance and issued Q4 sales guidance above analyst estimates. Retirement Planner. ET By Tomi Kilgore. RSS Feeds. The U.


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