Wynn Resorts Q2 2024 Earnings Report

Reported a new second quarter record for Adjusted Property EBITDAR, reflecting continued strength throughout the business.

Key Takeaways

Wynn Resorts reported operating revenues of $1.73 billion for the second quarter of 2024, an increase of $137.1 million from $1.60 billion for the second quarter of 2023. Net income attributable to Wynn Resorts, Limited was $111.9 million for the second quarter of 2024, compared to $105.2 million for the second quarter of 2023. Adjusted Property EBITDAR was $571.7 million for the second quarter of 2024, compared to $524.5 million for the second quarter of 2023.

Operating revenues were $1.73 billion for the second quarter of 2024, an increase of $137.1 million from the second quarter of 2023.

Net income attributable to Wynn Resorts, Limited was $111.9 million for the second quarter of 2024, compared to $105.2 million for the second quarter of 2023.

Diluted net income per share was $0.91 for the second quarter of 2024, compared to $0.84 for the second quarter of 2023.

Adjusted Property EBITDAR was $571.7 million for the second quarter of 2024, compared to $524.5 million for the second quarter of 2023.

Adj. Property EBITDAR

$572M