Wynn Resorts Earnings, Revenue miss in Q1 By Investing.com

Wynn Resorts (NASDAQ:WYNN) reported on Monday first quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations.

Wynn Resorts announced earnings per share of $-2.41 on revenue of $725.8M. Analysts polled by Investing.com anticipated EPS of $-2.02 on revenue of $759M.

Wynn Resorts shares are up 11% from the beginning of the year and are trading at $126.88 , down-from-52-week-high.They are under-performing the S&P 500 which is up 11.53% from the start of the year.

Wynn Resorts shares gained 0.94% in after-hours trade the report.

Wynn Resorts follows other major Services sector earnings this month

Wynn Resorts’s report follows an earnings beat by Amazon.com on April 29, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.

Visa A had beat expectations on April 27 with second quarter EPS of $1.38 on revenue of $5.73B, compared to forecast for EPS of $1.27 on revenue of $5.56B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar