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Wynn Resorts quarterly results beat estimates on strength in Macau business

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Wynn Resorts Nieuws

Wynn Macau,Wynn Palace,Macau

The post-pandemic rebound in travel to casino hubs such as Las Vegas and Macau has been a tailwind for operators such as Wynn. 'The strong momentum we...

- Wynn Resorts on Tuesday beat Wall Street estimates for first-quarter profit as strength in gaming, luxury retail and hotel bookings drove steady demand at its Macau properties.The post-pandemic rebound in travel to casino hubs such as Las Vegas and Macau has been a tailwind for operators such as Wynn.

Its quarterly adjusted profit per share of $1.59 was above last year's 29 cents and also beat analysts' estimates of $1.27 per share.Buy TD Bank stock and another bank as they crash further into the abyss. The post Big Bank Bull Run? 2 Canadian Bank Stocks Overdue for a Rally appeared first on The Motley Fool Canada.Want a great growth stock to buy and hold for decades? You may want to consider this ridiculously undervalued growth stock.

 

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