Wynn Resorts Ltd. Bottom Line Retreats 13% In Q3

(RTTNews) - Wynn Resorts Ltd. (WYNN) announced earnings for third quarter that declined compared to the same period last year.

The company said its profit fell to $76.18 million, or $0.75 per share. This was lower than $87.57 million, or $0.86 per share, in last year's third quarter.

Analysts had expected the company to earn $0.78 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 11.4% to $1109.82 million. This was up from $996.29 million last year.

Wynn Resorts Ltd. earnings at a glance:

-Earnings (Q3): $76.18 Mln. vs. $87.57 Mln. last year. -Earnings Decline (Y-o-Y): -13.0% -EPS (Q3): $0.75 vs. $0.86 last year. -EPS Decline (Y-o-Y): -12.8% -Analysts Estimate: $0.78 -Revenue (Q3): $1109.82 Mln vs. $996.29 Mln last year. -Revenue Change (Y-o-Y): 11.4%