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Sunday, October 31, 2010

Wynn for the Win (NASDAQ: WYNN) (NYSE: LVS)


Wynn Resorts reports its winning numbers after the market close on Tuesday November 2. Analyst expect the company to earn $0.39 per share on revenue of $990.83 million. Wynn is however expected to shoot the lights out, as its pee Las Vegas Sands did last week. Las Vegas Sands earned $0.34 per share when the market was expected $0.24 - a 41% earnings beat. Wynn is also a play on Chinese gambling, as the company has popular luxury resorts in Macau.

Wynn Shares closed at $107.16 on Friday.

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