Wynn Resorts Trading Volume Surges 40.12% to $246 Million Ranking 358th in Daily Turnover

On May 6, 2025, Wynn Resorts (WYNN) saw a significant increase in trading volume, with a turnover of $246 million, marking a 40.12% rise from the previous day. This surge placed Wynn Resorts at the 358th position in terms of trading volume for the day. The stock price of Wynn Resorts rose by 0.65%, marking the third consecutive day of gains, with a total increase of 4.35% over the past three days.

Wynn Resorts reported an 8.6% decline in revenue for the first quarter, which significantly impacted its net income. The company's revenue for the quarter was $1.7 billion, falling short of analyst estimates of $1.73 billion. This decline was attributed to a year-on-year decrease of 8.7% and a 1.8% miss from analyst projections.

Wynn Resorts' adjusted earnings per share (EPS) for the first quarter were $1.07, missing the analyst consensus of $1.31. The company's EPS for the quarter was $0.69, down from $1.30 in the previous year. This shortfall in earnings was due to weaker-than-expected performance in both Macau and U.S. resorts.

The company's table games win percentage for the first quarter of 2025 was 20.5%, within the property's expected range of 18% to 22%, but below the 22.6% experienced in the previous quarter. This indicates a potential slowdown in gaming revenue, which could further impact the company's financial performance in the coming quarters.