Despite these positives, Thursday evening's sell-off brought Wynn stock to about $40 below the level at which was trading in 2019.

The company continues to see this as an exciting opportunity. At the same time, the market is likely overlooking the not-yet-operational Wynn Al Marjan project in the United Arab Emirates, which broke ground this year. The Boston property showed some softness and could be topping out, but we're encouraged by management's plans to expand its footprint in the city in the near future. Meanwhile, Wynn's Las Vegas property remains on fire, tracking to earn about double this year than what it did in 2019, with no signs of a let-up from its high-end customers. But we remain confident that management has the right playbook to stem any potential market-share loss at its one struggling property in China. Its two Macao properties are now generating 85% of 2019 levels and on a path toward full recovery, even if Wynn Macao is taking longer to recover than Wynn Palace. Bottom line Overall, Wynn delivered strong third-quarter results. Adjusted property earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) - Wynn's key metric for profitability - climbed 206% year-over-year, to $530.4 million, well ahead of analysts' predictions of $488 million, according to FactSet. Adjusted earnings-per-share (EPS) came in at 99 cents, outpacing the 75-cent consensus estimate, LSEG data showed. 30 increased 88% year-over-year, to $1.67 billion, beating analysts' expectations of $1.59 billion, according to estimates compiled by LSEG.

Operating revenue for the three months ended Sept. But investor concerns over an unevenness to the Macao recovery sparked selling in afterhours trading, sending Wynn stock down more than 5% - and creating a potential buying opportunity. Wynn Resorts (WYNN) posted a better-than-expected third quarter on Thursday, with both revenues and profits bolstered by the continued strength of its Las Vegas operations and the post-Covid rebound in Chinese gambling hub Macao. Personal Loans for 670 Credit Score or Lower

Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit

Club world casino 2019