Investing.com - Wynn Resorts (NASDAQ:WYNN) reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Wynn Resorts announced earnings per share of $-6.14 on revenue of $85.70M. Analysts polled by Investing.com anticipated EPS of $-4.98 on revenue of $214.86M.
Wynn Resorts shares are down 47% from the beginning of the year and are trading at $72.00 , down-from-52-week-high.They are under-performing the Nasdaq which is up 21.94% from the start of the year.
Wynn Resorts shares lost 0.99% in after-hours trade the report.
Wynn Resorts follows other major Services sector earnings this month
Wynn Resorts's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.
Visa A had beat expectations on Tuesday, July 28, 2020 with third quarter EPS of $1.06 on revenue of $4.84B, compared to forecast for EPS of $1.03 on revenue of $4.82B.
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