Wynn Resorts stock faces earnings pressure after weak third quarter

Published on 11/08/2026 at 14:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wynn Resorts reported a sharp earnings decline for the third quarter. A dividend remains payable later this month to eligible shareholders.

Third-quarter results weigh on earnings

Wynn Resorts reported lower third-quarter revenue, net income and adjusted property EBITDAR.
Las Vegas and Macau operations both posted lower revenue than a year earlier.
The company declared a cash dividend payable on November 30, 2026.

Wynn Resorts, US9831341071, Illustration mit AI erstellt.

Wynn Resorts reported a sharp decline in third-quarter earnings after weaker revenue across its casino properties. The results cover the period ended September 30, 2026 and were released on Thursday, November 5.

According to the Wynn Resorts release, operating revenue fell to 1.69 billion US dollars from 1.83 billion US dollars a year earlier. Net income attributable to Wynn Resorts dropped to 17.3 million US dollars from 88.3 million US dollars, while diluted earnings per share declined to 0.17 US dollars from 0.85 US dollars.

Las Vegas hold rate hurts property earnings

Adjusted net income was 33.9 million US dollars, or 0.33 US dollars per diluted share, compared with 88.7 million US dollars, or 0.86 US dollars, in the year-earlier quarter. Adjusted Property EBITDAR decreased to 464.2 million US dollars from 570.1 million US dollars.

Las Vegas operations generated 575.2 million US dollars in revenue, down from 621.0 million US dollars. Adjusted Property EBITDAR fell to 158.8 million US dollars, while the table-games win percentage of 18.9 percent was below the company's expected range of 22 to 26 percent.

Wynn Palace revenue declined to 583.8 million US dollars from 635.5 million US dollars, and Wynn Macau revenue decreased to 335.4 million US dollars from 365.5 million US dollars. Encore Boston Harbor revenue fell to 194.7 million US dollars as the property managed a strike that began in early September.

Dividend and development remain in focus

The board declared a cash dividend of 0.25 US dollars per share, payable on November 30 to shareholders of record on November 16. Wynn Resorts also contributed 62.2 million US dollars to the 40 percent-owned Wynn Al Marjan Island joint venture during the quarter; the UAE project is expected to open in September 2027.

Wynn Resorts stock traded at 74.99 euros on Lang & Schwarz at 13:02 CET on Saturday, November 7, 2026.

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