Wynn Resorts Shares Rise as Macau Strength Drives Revenue Beat Despite EPS Miss

Wynn Resorts Ltd. (NASDAQ: WYNN) reported third-quarter revenue above analyst forecasts but missed on earnings, as strength in Macau helped offset softer results elsewhere. Shares gained about 2% in intra-day trading on Friday.

The company posted revenue of $1.83 billion for the quarter ended September 30, 2025, exceeding consensus estimates of $1.77 billion and marking an 8.3% year-over-year increase. Adjusted earnings per share were $0.86, below analyst expectations of $1.17.

Wynn Palace in Macau generated $635.5 million in operating revenue, up $115.7 million from the prior year, while Wynn Macau contributed $365.5 million, an increase of $13.6 million. In the U.S., Las Vegas operations delivered $621 million in revenue, up $13.8 million year over year.

Adjusted Property EBITDAR rose 8% to $570.1 million from $527.7 million in the prior-year quarter, supported by continued recovery and robust performance in Macau.