Investing.com - Wynn Resorts (NASDAQ:WYNN) reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Wynn Resorts announced earnings per share of $-1.21 on revenue of $953.33M. Analysts polled by Investing.com anticipated EPS of $-1.17 on revenue of $986.35M.
Wynn Resorts shares are down 27% from the beginning of the year and are trading at $61.65 , down-from-52-week-high.They are under-performing the Nasdaq which is down 24.97% from the start of the year.
Wynn Resorts follows other major Consumer Discretionary sector earnings this month
Wynn Resorts's report follows an earnings missed by Amazon.com on Thursday, April 28, 2022, who reported EPS of $-7.56 on revenue of $116.44B, compared to forecasts EPS of $8.35 on revenue of $116.45B.
Tesla had beat expectations on Wednesday, April 20, 2022 with first quarter EPS of $3.22 on revenue of $18.76B, compared to forecast for EPS of $2.26 on revenue of $17.87B.
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