Investing.com - Wynn Resorts (NASDAQ:WYNN) reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Wynn Resorts announced earnings per share of $-1.37 on revenue of $1.05B. Analysts polled by Investing.com anticipated EPS of $-1.24 on revenue of $990.79M.
Wynn Resorts shares are up 13% from the beginning of the year, still down 33.04% from its 52 week high of $143.75 set on March 15, 2021. They are outperforming the S&P 500 which is down 6.19% from the start of the year.
Wynn Resorts shares gained 1.81% in after-hours trade following the report.
Wynn Resorts follows other major Consumer Discretionary sector earnings this month
Wynn Resorts's report follows an earnings beat by Amazon.com on February 3, who reported EPS of $27.75 on revenue of $137.41B, compared to forecasts EPS of $3.61 on revenue of $137.68B.
Tesla had beat expectations on January 26 with fourth quarter EPS of $2.54 on revenue of $17.72B, compared to forecast for EPS of $2.36 on revenue of $17.13B.
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