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Valued at a market cap of around $9.1 billion, Wynn Resorts, Limited (WYNN) is a premier designer and operator of integrated luxury resorts. With its roots in Las Vegas, Wynn Resorts combines high-end entertainment, exquisite retail, and world-class accommodations to create unforgettable experiences across the globe. The company is expected to disclose its fiscal Q2 earnings results on Thursday, August 14.
Ahead of this event, analysts expect the company to report a profit of $1.23 per share, up 35.2% from $0.91 per share in the year-ago quarter. The company holds an impressive track record of exceeding Wall Street’s bottom-line estimates in each of the last four quarters. In its latest earnings release, the company’s adjusted EPS of $1.59 soared a staggering 448.3% annually, sailing past the consensus estimates by a solid 11.2% margin.