Wynn Resorts, Limited Reports First Quarter 2015 Results

Susquehanna Downgrades Wynn Resorts (WYNN) to Neutral

Susquehanna downgraded Wynn Resorts (NASDAQ: WYNN) from Positive to Neutral with a price target of $115.00 (from $159.00).

For an analyst ratings summary and ratings history on Wynn Resorts click here. For more ratings news on Wynn Resorts click here.

Shares of Wynn Resorts closed at $130.48 yesterday.

Wynn Resorts (WYNN) PT Cut to $115 at Credit Suisse

Credit Suisse analyst J. Simkins lowered estimates and his price target on Neutral-rated Wynn Resorts (NASDAQ: WYNN) to $115.00 (from $125.00) following a rough Q1 and dividend cut.

"Not surprisingly, Macau remained very challenging given the company's VIP exposure," the analyst commented.

For... More

Wynn Resorts (WYNN) Target Cut to $100 at Janney Capital Amid Q1 Results, Dividend Cut

Janney Capital analyst Brian McGill cut his fair value target on Wynn Resorts (NASDAQ: WYNN) to $100.00 (from $140.00) following Q1 results after the close. The firm maintained a Neutral rating.

McGill commented, "WYNN reported 1Q15 revenue of $1.09M and EBITDA of $323M. This... More

Wynn Resorts Ltd (WYNN) Lowers Quarterly Dividend 66.7% to $0.50; 1.5% Yield

Wynn Resorts Ltd (NASDAQ: WYNN) declared a quarterly dividend of $0.50 per share, or $2 annualized. This is a 66.7% decrease from the prior dividend of $1.50.

The dividend will be payable on May 21, 2015, to stockholders of record on May 11, 2015, with an ex-dividend date of May 7,... More

Wynn Resorts Ltd (WYNN) Misses Q1 EPS by 63c

Wynn Resorts Ltd (NASDAQ: WYNN) reported Q1 EPS of $0.70, $0.63 worse than the analyst estimate of $1.33. Revenue for the quarter came in at $1.09 billion versus the consensus estimate of $1.18 billion.

Adjusted property EBITDA (1) was $323.0 million for the first quarter of 2015, a 34.7% decrease from $494.6... More