https://assets.capyfin.com/instruments/678fdc13234e27009c5d590c.png avatar
Wynn Resorts
🇺🇸 NASDAQ:WYNN
View Company
OverviewEarningsDividends
•
Jun 30, 2024

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.

Total Revenue
$1.73B
Previous year: $1.6B
+8.6%
EPS
$1.12
Previous year: $0.91
+23.1%
Adjusted Property EBITDA
$572M
Previous year: $525M
+9.0%
Gross Profit
$577M
Previous year: $672M
-14.2%
Cash and Equivalents
$2.38B
Previous year: $3.65B
-34.9%
Free Cash Flow
$257M
Previous year: $270M
-5.1%
Total Assets
$13.3B
Previous year: $13.8B
-3.6%

Wynn Resorts

Wynn Resorts

Wynn Resorts Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

View Wynn Resorts