3 Years Ago
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What to watch out for in WYNN's upcoming earning report:
Wynn Resorts Ltd (WYNN) is reporting earnings on Tuesday. Lets focus in on how the stock is performing.
Analysts think Wynn Resorts Ltd will clock in with an EPS (earnings per share) of around -$0.97, EPS GAAP Estimate of -$1.18, and Revenue Estimate of
$980.84M. Over the last 90 days, analysts have lowered estimates seven times and none have raised them.
If you're a bull you'll primarily care about two things. The first is that the reported EPS beat analysts estimates. The stock should move on just that news alone. The second is that the report paints a vivid picture of how the company will grow in the coming quarters. EPS beat and and growth story, those are the things to watch.
There are two primary things that WYNN bears will be concerned with. The first is that the reported EPS underperformed the estimates of analysts. Stocks respond unfavorably to that news. The second is that the report outlines a negative growth story for the stock in the coming quarters.
If you haven't traded too many earnings reports, it's important to be aware that sometimes the majority of a stock's price movement can be caused by the analysts' estimates, rather than from the earnings report itself. As you see more of these, your ability to recognize one or the other will improve.
Shares of WYNN were trading at $63.48 as of August 01. Over the last 52-weeks, shares are down -40.92%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.
Analysts think Wynn Resorts Ltd will clock in with an EPS (earnings per share) of around -$0.97, EPS GAAP Estimate of -$1.18, and Revenue Estimate of
$980.84M. Over the last 90 days, analysts have lowered estimates seven times and none have raised them.
If you're a bull you'll primarily care about two things. The first is that the reported EPS beat analysts estimates. The stock should move on just that news alone. The second is that the report paints a vivid picture of how the company will grow in the coming quarters. EPS beat and and growth story, those are the things to watch.
There are two primary things that WYNN bears will be concerned with. The first is that the reported EPS underperformed the estimates of analysts. Stocks respond unfavorably to that news. The second is that the report outlines a negative growth story for the stock in the coming quarters.
If you haven't traded too many earnings reports, it's important to be aware that sometimes the majority of a stock's price movement can be caused by the analysts' estimates, rather than from the earnings report itself. As you see more of these, your ability to recognize one or the other will improve.
Shares of WYNN were trading at $63.48 as of August 01. Over the last 52-weeks, shares are down -40.92%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.
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