NASDAQ$WYNN
Wynn Resorts Ltd · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Wynn Resorts reported a decrease in operating revenues but a rise in net income for Q4 2022.
Wynn Resorts' Q4 2022 results showed a slight decrease in operating revenues compared to Q4 2021, but the company swung to net income attributable to Wynn Resorts, Limited, compared to a net loss in the same period last year. The North American properties achieved a new fourth-quarter record for Adjusted Property EBITDAR.
- Operating revenues decreased to $1.00 billion for the fourth quarter of 2022, from $1.05 billion for the fourth quarter of 2021.
- Net income attributable to Wynn Resorts, Limited was $32.4 million, or $0.29 per diluted share, for the fourth quarter of 2022, compared to a net loss of $177.2 million, or $1.54 per diluted share, for the fourth quarter of 2021.
- Adjusted Property EBITDAR was $195.1 million for the fourth quarter of 2022, compared to $149.1 million for the fourth quarter of 2021.
- Wynn Las Vegas and Encore Boston Harbor delivered a new fourth-quarter record for Adjusted Property EBITDAR at the combined North American properties.
Headline financials
Revenue & EPS history
Wynn Resorts · Revenue · Quarterly
$1.01B
Revenue by segment
Wynn Resorts · $994M total across 4 segments · Q4 2022
- Las Vegas Operations$586M+18.5%58.9%
- Encore Boston Harbor$218M+7.0%22.0%
- Wynn Palace$113M-41.7%11.4%
- Wynn Macau$77.2M-41.4%7.8%
Forward guidance
This release contains forward-looking statements regarding operating trends and future results of operations. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those we express in these forward-looking statements
Headwinds
- Adverse macroeconomic conditions and their impact on levels of income and consumer discretionary spending
- Changes in interest rates
- Inflation
- A decline in general economic activity or recession in the U.S. and/or global economies
- The COVID-19 pandemic and the reimposition of restrictions on the general public or certain activities
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
+1.0%
Avg return
Earnings day
+1.1%
Avg return
5 days after
+1.2%
Avg return
30 days after
59%
40 / 68 earnings
Positive
+18.9%
Q4 2015
Best reaction
-15.6%
Q1 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.6% | -7.9% | +0.6% | |
| Q4 2025 | +5.1% | +7.8% | -6.9% | |
| Q3 2025 | +3.1% | +2.0% | +2.4% | |
| Q1 2025 | +0.6% | +13.9% | -0.3% | |
| Q4 2024 | +10.4% | +14.7% | +7.1% | |
| Q3 2024 | -9.4% | -11.9% | -0.9% | |
| Q2 2024 | +1.8% | +1.5% | +4.9% | |
| Q1 2024 | -2.2% | -1.5% | -5.5% | |
| Q4 2023 | +6.0% | +5.7% | +0.4% | |
| Q3 2023 | -8.0% | -6.2% | -9.4% | |
| Q2 2023 | +1.1% | -3.1% | -8.1% | |
| Q4 2022 | +4.9% | +5.5% | +4.6% | |
| Q3 2022 | +2.2% | +10.9% | +20.7% | |
| Q2 2022 | -0.8% | +4.3% | -6.4% | |
| Q1 2022 | -4.0% | +8.1% | +8.1% | |
| Q4 2021 | +2.4% | +1.2% | -16.5% | |
| Q3 2021 | -3.0% | -0.9% | -7.7% | |
| Q2 2021 | +3.8% | +1.1% | +5.5% | |
| Q1 2021 | -1.0% | +0.3% | +0.3% | |
| Q4 2020 | +7.9% | +4.6% | +23.0% | |
| Q3 2020 | +5.2% | +27.0% | +49.1% | |
| Q2 2020 | -2.4% | +1.4% | +19.6% | |
| Q1 2020 | -0.1% | +3.8% | +27.5% | |
| Q4 2019 | -4.1% | -0.2% | -28.9% | |
| Q3 2019 | -0.9% | -3.9% | -3.9% | |
| Q2 2019 | -1.1% | -2.0% | +0.2% | |
| Q1 2019 | -4.5% | -9.3% | -18.3% | |
| Q4 2018 | +5.4% | +6.6% | +7.2% | |
| Q3 2018 | -9.7% | -9.3% | -4.3% | |
| Q2 2018 | -10.3% | -8.3% | -11.1% | |
| Q1 2018 | -5.4% | -4.2% | +0.2% | |
| Q4 2017 | +8.5% | +0.4% | -7.4% | |
| Q3 2017 | -0.3% | +2.8% | +11.1% | |
| Q2 2017 | -4.7% | -7.2% | -3.2% | |
| Q1 2017 | +8.3% | +6.4% | +7.7% | |
| Q4 2016 | +6.9% | +5.2% | -2.5% | |
| Q3 2016 | -10.9% | -10.6% | +0.4% | |
| Q2 2016 | -4.2% | -5.2% | -12.1% | |
| Q1 2016 | -0.0% | — | — | |
| Q4 2015 | +18.9% | — | — | |
| Q3 2015 | +0.7% | — | — | |
| Q2 2015 | +6.2% | — | — | |
| Q1 2015 | -15.6% | — | — | |
| Q4 2014 | -2.4% | — | — | |
| Q3 2014 | +1.2% | — | — | |
| Q2 2014 | +3.6% | — | — | |
| Q1 2014 | +8.7% | — | — | |
| Q4 2013 | +12.1% | — | — | |
| Q3 2013 | +1.0% | — | — | |
| Q2 2013 | +1.6% | — | — | |
| Q1 2013 | +3.0% | — | — | |
| Q4 2012 | +2.3% | — | — | |
| Q3 2012 | +5.3% | — | — | |
| Q2 2012 | -0.9% | — | — | |
| Q1 2012 | -6.4% | — | — | |
| Q4 2011 | +6.1% | — | — | |
| Q4 2010 | +6.1% | — | — | |
| Q3 2011 | -7.3% | — | — | |
| Q2 2011 | +6.1% | — | — | |
| Q1 2010 | +3.7% | — | — | |
| Q1 2011 | +4.2% | — | — | |
| Q4 2008 | +2.6% | — | — | |
| Q1 2009 | +2.6% | — | — | |
| Q4 2009 | +2.6% | — | — | |
| Q3 2009 | +0.7% | — | — | |
| Q3 2010 | +0.7% | — | — | |
| Q2 2009 | -0.1% | — | — | |
| Q2 2010 | -0.1% | — | — |
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