Investing.com - Wynn Resorts (NASDAQ:WYNN) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Wynn Resorts announced earnings per share of $-0.62 on revenue of $1.65B. Analysts polled by Investing.com anticipated EPS of $0.92 on revenue of $1.72B. That with comparison to EPS of $1.06 on revenue of $1.69B in the same period a year before.Wynn Resorts had reported EPS of $0.17 on revenue of $1.65B in the previous quarter.Analysts are expecting EPS of $1.36 and revenue of $1.79B in the upcoming quarter.
Wynn Resorts shares are down 3.37% from the beginning of the year and are trading at $130.40 , down-from-52-week-high.They are under-performing the Nasdaq which is up 5.89% year to date.
Wynn Resorts shares lost 2.82% 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, January 30, 2020, who reported EPS of $6.47 on revenue of $87.44B, compared to forecasts EPS of $4.04 on revenue of $86.03B.
Visa A had matched expectations on Thursday, January 30, 2020 with first quarter EPS of $1.46 on revenue of $6.05B, compared to forecast for EPS of $1.46 on revenue of $6.08B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar