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Wynn Resorts Gears Up For Q3 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Published 09/11/2023, 15:13
Updated 09/11/2023, 16:40
© Reuters.  Wynn Resorts Gears Up For Q3 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
WYNN
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Benzinga - by Lisa Levin, Benzinga Editor.

Wynn Resorts, Limited (NASDAQ: WYNN) is projected to release financial results for its third quarter, after the closing bell on Nov. 9, 2023.

Analysts expect the company to post quarterly earnings at 75 cents per share, versus a year-ago loss of $1.20 per share. The company’s revenue might come in at $1.59 billion, compared to $889.72 million in the year-ago period.

Wynn Resorts reported better-than-expected results for its second quarter.

Wynn Resorts shares fell 0.3% to close at $92.90 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • HSBC analyst Meredith Jensen initiated coverage on the stock with a Buy rating and a price target of $111 on Oct. 23, 2023. This analyst has an accuracy rate of 70%.
  • Morgan Stanley analyst Stephen Grambling maintained an Equal-Weight rating and cut the price target from $113 to $109 on Oct. 13, 2023. This analyst has an accuracy rate of 63%.
  • Stifel analyst Steve Wieczynski maintained a Buy rating and raised the price target from $137 to $150 on Aug. 10, 2023. This analyst has an accuracy rate of 71%.
  • Barclays analyst Brandt Montour maintained an Overweight rating and increased the price target from $135 to $136 on July 21, 2023. This analyst has an accuracy rate of 62%.
  • Deutsche Bank analyst Carlo Santarelli maintained a Buy rating and cut the price target from $123 to $92 on May 22, 2023. This analyst has an accuracy rate of 76%.
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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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