Wynn Resorts stock faces sharp profit decline after weak Q3
Published on 11/10/2026 at 14:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSEarnings weaken before dividend date
- Wynn Resorts reported lower third-quarter revenue, net income and adjusted Property EBITDAR for the period ended September 30, 2026.
- The board declared a cash dividend payable on November 30 to shareholders of record on November 16.
- Wynn Al Marjan Island remains targeted for a September 2027 opening.
Wynn Resorts reported a sharp decline in third-quarter profitability on Thursday, November 5, as operating revenue fell across its major resort operations. The company said in its third-quarter results release, published November 6, that the period ended September 30.
Profit falls across key properties
Operating revenue decreased to 1.69 billion US dollars from 1.83 billion US dollars a year earlier. Net income attributable to Wynn Resorts dropped to 17.3 million US dollars from 88.3 million US dollars, while diluted earnings per share fell to 0.17 US dollars from 0.85 US dollars.
Adjusted net income was 33.9 million US dollars, or 0.33 US dollars per diluted share, compared with 88.7 million US dollars, or 0.86 US dollars per share, in the prior-year quarter. Adjusted Property EBITDAR declined to 464.2 million US dollars from 570.1 million US dollars.
Las Vegas operations generated 575.2 million US dollars in revenue and 158.8 million US dollars in adjusted Property EBITDAR. The company said the Las Vegas table-games win percentage was 18.9 percent, below its expected range of 22 to 26 percent. Wynn Palace, Wynn Macau and Encore Boston Harbor also posted lower revenue than a year earlier.
Dividend and expansion remain in focus
Wynn Resorts declared a cash dividend of 0.25 US dollars per share, payable on November 30 to shareholders of record on November 16. The company also repurchased 627,475 shares during the quarter for 58.1 million US dollars.
Wynn Al Marjan Island in the United Arab Emirates remains scheduled for a September 2027 opening. Wynn Resorts contributed 62.2 million US dollars to the project during the quarter, bringing total cash contributions to 1.12 billion US dollars.
Wynn Resorts stock traded at 76.88 euros on Lang & Schwarz at 14:05 CET on Tuesday, November 10.
Wynn Resorts stock at a glance
- Company: Wynn Resorts, Limited
- ISIN: US9831341071
- Lang & Schwarz quote: 76.88 euros on November 10, 2026 at 14:05 CET
- Third-quarter revenue: 1.69 billion US dollars
- Third-quarter net income: 17.3 million US dollars
- Dividend: 0.25 US dollars per share, payable November 30, 2026
US casino operators remain sensitive to discretionary spending, gaming volumes and regional operating conditions. Current market reports provide broader context for the US equity market.
