LAS VEGAS (AP) — LAS VEGAS (AP) — Wynn Resorts Ltd. (WYNN) on Tuesday reported first-quarter profit of $144.2 million.
On a per-share basis, the Las Vegas-based company said it had profit of $1.30. Earnings, adjusted for non-recurring costs, were $1.59 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.
The casino operator posted revenue of $1.86 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $1.77 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WYNN at https://www.zacks.com/ap/WYNN