US stocks have been reclaiming some of their lost ground in recent sessions after the Trump administration and President Xi's office agreed to pause reciprocal tariffs on each other's products for 90 days. The world's largest economies will be working on reaching a broader, more permanent agreement during this three-month period.
Wynn Resorts, Limited's Q1 results missed Wall Street's expectations. Earnings declines in Wynn's Macau properties caused pressure as the VIP hold faltered and competitive pressure remains high. Tariffs have caused delays on $375 million of Wynn's previously planned U.S. investments. Rising U.S.-China tension may also weigh on consumers, causing an uncertain outlook for WYNN stock.
Wynn Resorts, Limited (NASDAQ:WYNN ) Q1 2025 Earnings Conference Call May 6, 2025 4:30 PM ET Company Participants Julie Cameron-Doe - Chief Financial Officer Craig Billings - Chief Executive Officer Brian Gullbrants - Chief Operating Officer, North America Conference Call Participants Carlo Santarelli - Deutsche Bank Sean Kelley - Bank of America David Katz - Jefferies Stephen Grambling - Morga...
LAS VEGAS--(BUSINESS WIRE)--Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the first quarter ended March 31, 2025. Operating revenues were $1.70 billion for the first quarter of 2025, a decrease of $162.5 million from $1.86 billion for the first quarter of 2024. Net income attributable to Wynn Resorts, Limited was $72.7 million for th...
LAS VEGAS--(BUSINESS WIRE)--Wynn Resorts, Limited (NASDAQ: WYNN) announced today that it will release the Company's financial results for the first quarter ended March 31, 2025 after the market close on Tuesday, May 6, 2025, followed by a conference call at 1:30 p.m. PT (4:30 p.m. ET). The call will be broadcast live at www.wynnresorts.com under the “Company Information” section. Interested par...
Casino mogul Elaine Wynn, the co-founder of Wynn Resorts, died at the age of 82. She played a significant role in the company's growth and in philanthropy for the Las Vegas area.
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