Wynn Resorts has delivered solid first-quarter results for 2026, with adjusted earnings per share hitting $1.25, outperforming expectations and reflecting a 9.2% revenue increase to $1.86 billion from the previous year. This performance is underpinned by a 5% EBITDA growth in Las Vegas, alongside strategic investments totaling nearly $1 billion in the Enclave at Wynn Palace and future plans for the Wynn Al Marjan resort in the UAE. However, despite these gains, shares fell 2.4% after the earnings report, highlighting ongoing investor concerns in light of health-related incidents linked to its Las Vegas property.
“Wynn Resorts · posted · strong first-quarter performance · in Las Vegas, Macau, and Boston”
“Wynn Resorts · Las Vegas EBITDA · up · 5% to $235 million”
“Wynn Resorts · expects to open · Wynn Al Marjan resort in the UAE · in 2027”
“Wynn Resorts · has · more than 22,000 workers on site · for construction”
“Wynn Resorts · announced a major new investment · Enclave at Wynn Palace · expected to cost $900 million to $950 million”
“Wynn Las Vegas · generated · adjusted property EBITDA · $232.5 million”
“Wynn Las Vegas · had · operating revenue · $661.9 million”
“Wynn Resorts · recommends increasing · final dividend for 2025 · $150 million from $125 million”
“Wynn Resorts, Limited · reported · first-quarter 2026 results · earnings and revenues beating the Zacks Consensus Estimate”
“Wynn Resorts, Limited · reported · adjusted earnings per share (EPS) · $1.25”
“Wynn Resorts, Limited · beat · Zacks Consensus Estimate of $1.18 · by 5.9%”
“Wynn Resorts, Limited · reported · quarterly operating revenues · $1.86 billion”
