Wynn Resorts (Nasdaq: WYNN ) is expected to report Q1 earnings around April 24. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Wynn Resorts's revenues will grow 4.7% and EPS will grow 16.5%.
The average estimate for revenue is $1.37 billion. On the bottom line, the average EPS estimate is $1.55.
Last quarter, Wynn Resorts notched revenue of $1.29 billion. GAAP reported sales were 4.1% lower than the prior-year quarter's $1.34 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.17. GAAP EPS of $1.11 for Q4 were 26% lower than the prior-year quarter's $1.51 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 72.2%, 290 basis points worse than the prior-year quarter. Operating margin was 20.2%, 70 basis points worse than the prior-year quarter. Net margin was 8.6%, 560 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $5.40 billion. The average EPS estimate is $6.20.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 896 members out of 1,226 rating the stock outperform, and 330 members rating it underperform. Among 271 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 209 give Wynn Resorts a green thumbs-up, and 62 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Wynn Resorts is outperform, with an average price target of $132.50.
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