On Feb. 27, Wynn Resorts (NASDAQ:WYNN) released fourth-quarter earnings for the period ended Dec. 31.

  • The quarter included operations of Wynn Macau, which opened on Sept. 6.
  • The company took a loss because of a special distribution paid to convertible debenture holders. Adjusted net income, however, came in at $0.53 per share.
  • EBITDA at Wynn Las Vegas increased 24%, helped by a higher-than-expected table-games win percentage.
  • Wynn carries a two-star rating in Motley Fool CAPS, while competitor Las Vegas Sands (NYSE:LVS) carries a three-star rating.

(Figures in millions, except per-share data)

Income Statement Highlights

Q4 2006

Q4 2005

Change

Sales

$563.6

$269.4

109.2%

EBITDA

$159.7

$80.1

99.4%

Net Profit

($55.4)

($9.9)

N/A

EPS

($0.55)

($0.10)

N/A

Diluted Shares

100.9

98.5

2.4%



Get back to basics with a look at the income statement.

Margin Checkup

Q4 2006

Q4 2005

Change*

EBITDA Margin

40.7%

44.5%

(3.9)

Operating Margin

13.9%

7.3%

6.6

Net Margin

(9.8%)

(3.7%)

(6.2)

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

No data available.

Learn the ways of the balance sheet.

Cash Flow Highlights

No data available.

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EBITDA by Property

Q4 2006

Q4 2005

Change

Wynn Las Vegas

$101.2

$80.1

26.4%

Wynn Macau

$58.5

$0.0

N/A

Total

$159.7

$80.1

99.5%



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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.