LAS VEGAS (AP) — LAS VEGAS (AP) — Wynn Resorts Ltd. (WYNN) on Thursday reported fourth-quarter profit of $277 million.
On a per-share basis, the Las Vegas-based company said it had net income of $2.29. Earnings, adjusted for non-recurring costs, came to $2.42 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.27 per share.
The casino operator posted revenue of $1.84 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $1.78 billion.
For the year, the company reported profit of $501.1 million, or $4.35 per share. Revenue was reported as $7.13 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
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