Earnings missed the mark, but we saw a lot to get excited about in the casino operator's results.
Wynn Resorts reported promising fourth-quarter results Wednesday and even better guidance as the casino operator looks to profit from China's reopening. Operating revenue fell 14.6% from a year ago, to $1 billion, ahead of analysts' expectations of $958 million, according to estimates compiled by Refinitiv.
Wynn Las Vegas remains closed as a result of the statewide shutdown due to the continuing spread of the coronavirus on April 27, 2020 in Las Vegas, Nevada.
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