Wynn Resorts (WYNN) Q2 Macau Results Show Weakness
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Wynn (WYNN) Cotai Project Worth $18-$55 per Share; Goldman Raises PT to $172
July 30, 2013 1:14 PM EDTGoldman Sachs maintained a Buy rating on Wynn Resorts (NASDAQ: WYNN) and raised its price target to $172.00 (from $161.00). Analyst Steven Kent thinks shares will move higher ahead of the 2016 opening of its Cotai property.
"As valuations roll forward to 2014 and the... More
Wynn Resorts (WYNN) Still A Buy Following Q2 Earnings Miss - Nomura Securities
July 30, 2013 8:23 AM EDTNomura Securities analyst Harry C. Curtis reiterated a Buy rating and $155 price target on Wynn Resorts (NASDAQ: WYNN) despite a Q2 earnings miss.
On Cotai: "We believe that WYNN should have the strongest EBITDA growth from its current base in the next few years, driven by the opening of its Cotai... More
Wynn Resorts Ltd (WYNN) Misses Q2 EPS by 6c, Sales Light
July 29, 2013 7:34 AM EDTWynn Resorts Ltd (NASDAQ: WYNN) reported Q2 EPS of $1.51, $0.06 worse than the analyst estimate of $1.57. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.34 billion.
Macau Operations: In the second quarter of 2013, net revenues were $930.9 million, a 2.6% increase from the $907.6 million generated in the... More
