LAS VEGAS (AP) — LAS VEGAS (AP) — Wynn Resorts Ltd. (WYNN) on Thursday reported first-quarter profit of $120.5 million.
The Las Vegas-based company said it had net income of $1.04 per share. Earnings, adjusted for non-recurring costs, came to $1.25 per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.18 per share.
The casino operator posted revenue of $1.86 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $1.82 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WYNN at https://www.zacks.com/ap/WYNN
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