2024.07.20
paragon casino slots(NASDAQ:WYNN) said its second-quarter earnings based on generally accepted accounting principles (GAAP) checked in at 88 cents a share, badly missing analysts’ estimate of .26. (NASDAQ:WYNN) said its second-quarter earnings based on generally accepted accounting principles (GAAP) checked in at 88 cents a share, badly missing analysts’ estimate of .26. (Image: Play Nevada)On a non-GAAP basis, the gaming company earned .44 a share, beating the consensus forecast by five cents. four winds casino theaterWynn Las Vegas, a source of strength for the company’s second-quarter results. But second-quarter results in Las Vegas were solid.While some rival operators have complained about weak Strip gaming revenue for the April through June period, Wynn bucked that trend. (NASDAQ:WYNN) said its second-quarter earnings based on generally accepted accounting principles (GAAP) checked in at 88 cents a share, badly missing analysts’ estimate of .26. coolcat casino no deposit bonus roulette gratuite casino 770santa ana star casino food courtWynn Resorts Ltd. Caesars Entertainment Corp. But second-quarter results in Las Vegas were solid.While some rival operators have complained about weak Strip gaming revenue for the April through June period, Wynn bucked that trend. hollywood casino bangorCaesars Entertainment Corp. While that venue was open for just eights days of the quarter (June 23 through June 30), data suggest it will be an important driver of the company’s earnings and revenue going forward.In those eight days, Encore Boston Harbor contributed .8 million in revenue and EBITDA of 0,000.Starting in the third quarter, operating results for the New England gaming property will be reported afree slot games mayan chiefs a separate segment, according to Wynn.Sin City SurpriseAnalysts and investors typically focus on Macau when evaluating Wynn because the China gaming center accounted for three-quarters of the company’s operating revenue last year. (Image: Play Nevada)On a non-GAAP basis, the gaming company earned .44 a share, beating the consensus forecast by five cents. coushatta casino 4 fun peppermill casino net worthfoxwoods resort casino jobsBut turnover at the company’s Macau properties inched higher. But second-quarter results in Las Vegas were solid.While some rival operators have complained about weak Strip gaming revenue for the April through June period, Wynn bucked that trend. Wynn Las Vegas, a source of strength for the company’s second-quarter results. But turnover at the company’s Macau properties inched higher. “Operating revenues from Wynn Macau were 6.5 million for the second quarter of 2019, a 0.6% increase from 3.3 million for the second quarter of 2018.”Casino revenues at Wynn Palace and Wynn Macau rose by 0.7 percent and 1.7 percent, respectively, during the June quarter. The owner of the Encore and Wynn on the Las Vegas Strip said revenue rose 3.1 percent year-over-year to .66 billion, topping Wall Street’s expectation by million.Non-GAAP results, also known as pro forma earnings, can include earnings before interest, tax, depreciation and amorfree slot games mayan chieftization (EBITDA), a commonly used metric in the gaming industry because operators believe EBITDA provides investors with a more accurate gauge of the company’s cash flow and a more complete view of the firm’s overall financial health.EBITDA in Macau, the company’s most important market, fell 2.6 percent to 3 million, below the estimate of 5 million. kansas star casino bingo hard rock casino south lake tahoe |