Wynn Resorts

WYNN

Market cap $10.9B

On CNBC's “ Halftime Report Final Trades ,” Jim Lebenthal, chief equity strategist and partner at Cerity Partners, said Wynn Resorts Ltd (NASDAQ:WYNN) presents an opportunity to buy the dip.

Wynn Resorts NASDAQ: WYNN executives said the casino operator delivered strong first-quarter results across Las Vegas and Macau while continuing to navigate geopolitical and logistical challenges tied to its planned Wynn Al Marjan resort in the United Arab Emirates.

WYNN tops Q1 estimates as EPS hits $1.25 and revenues rise 9.2% Y/Y, powered by Wynn Palace gains and Las Vegas EBITDAR growth.

Wynn Resorts delivered solid 1Q26 top-line and EBITDAR growth in Las Vegas and Macau, but margin pressure persists amid heightened Macau competition. Margins declined year-over-year across all properties, with Macau EBITDAR margins falling 90 bps and overall group margins down 100 bps to 30.3%. Intense promotional activity and new premium supply in Macau are expected to constrain margin upside and limit near-term share price catalysts.

Wynn Resorts, Limited (WYNN) Q1 2026 Earnings Call Transcript

While the top- and bottom-line numbers for Wynn (WYNN) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Wynn Resorts (WYNN) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.07 per share a year ago.

LAS VEGAS, May 7, 2026 /PRNewswire/ -- Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the first quarter ended March 31, 2026. Operating revenues were $1.86 billion for the first quarter of 2026, an increase of $156.4 million from $1.70 billion for the first quarter of 2025.

LAS VEGAS, May 7, 2026 /PRNewswire/ -- Wynn Resorts, a global leader in luxury hospitality, today announced the release of its 2025 Environmental, Social and Governance (ESG) Report and Executive Overview, detailing the Company's environmental sustainability, workforce development and community impact initiatives across its North American operations. The Wynn Resorts ESG Report 2025 highlights continued investment in employee development, measurable improvements in environmental performance and record-setting philanthropic contributions.

WYNN heads into Q1 earnings with Las Vegas and Macau strength driving revenue growth, as investors watch if momentum can offset past misses.