Will WYNN's Q1 2025 earnings beat forecasts?

**Wynn Resorts' Q1 2025 earnings are unlikely to beat forecasts** based on the following points:

1. **Expected Earnings and Revenue**: The estimated EPS for Q1 2025 is $1.26, and the estimated revenue is $1.76 billion.

2. **Super Bowl Impact**: The absence of the Super Bowl in Las Vegas in 2025 is expected to result in a $25 million EBITDA headwind for the first quarter. This indicates that the company may face significant revenue challenges due to the lack of a major event.
3. **Previous Performance**: Wynn Resorts missed analysts' revenue expectations by 2.3% last quarter, reporting revenues of $1.69 billion, up 1.3% year-on-year. This recent underperformance suggests that the company may struggle to exceed expectations in the upcoming quarter.
4. **Market Sentiment**: Brokers have reduced their FY2024 EPS estimates for Wynn Resorts, indicating a more cautious outlook on the company's earnings potential.

In conclusion, given the expected impact of the Super Bowl absence, the company's recent performance, and the brokers' reduced estimates, Wynn Resorts' Q1 2025 earnings are not likely to exceed forecasts.