Wynn Resorts, Limited · WYNN · Next earnings

Wynn Resorts, Limited reports Thursday, Nov 5, 2026

WYNN reports after market close with consensus EPS at $0.88 and revenue at $1.82B. Last quarter: Wynn Resorts Posts Solid Q1 as Las Vegas RevPAR Climbs 10%, Macau Mass Drop Jumps 19%

Reports After market close46 days awayDate estimated Consumer Cyclical

What the street expects

Consensus for the coming report
Consensus EPS $0.88 Calendar consensus
Consensus revenue $1.82B Calendar consensus
Report date Nov 5, 2026 Thursday, date estimated
Session After market close 46 days away

Where WYNN left off: FY2026 Q1

Full report

Wynn Resorts Posts Solid Q1 as Las Vegas RevPAR Climbs 10%, Macau Mass Drop Jumps 19%

EPS surprise 0.0% Reported $1.25 vs $1.25
Revenue surprise +1.9% Reported $1.86B vs $1.82B
Stock move -4.1% Event window
Subsequent drift +2.4% Up to 20 sessions

Management maintained its existing guidance posture with a confident tone. Capex outlook remains increasing, with the 2026 budget targeted at $400-$450 million alongside the newly announced $900-$950 million Enclave tower commitment. The Al Marjan opening timeline was nudged slightly later, but management expressed confidence in mitigating supply-chain issues. No formal revenue or EBITDA guidance ranges were issued.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Logistical and shipping constraints affecting Al Marjan construction timeline.
  • Wage and labor cost pressures in Boston, with potential for broader labor claims.
  • Promotional competition and potential market share erosion in Macau.
  • Geopolitical risk in the Middle East that could impact UAE tourism demand.
  • Construction timing and cost overruns for the Enclave tower and Encore remodel.

Questions analysts left open

  • Timing and potential further delays of the Al Marjan opening.
  • Return on investment and occupancy assumptions for the Enclave tower.
  • Labor cost inflation and its impact on operating margins.
  • Level of promotional activity required in Macau to sustain growth.
  • Prospects for additional expansion in Las Vegas given land bank constraints.

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Recent WYNN quarters

All WYNN earnings
-4.1%FY2026 Q1

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.