Wynn nearly back in Macao, Vegas strong ahead of Super Bowl, Chinese New Year

Source: cnbc.com cnbc.com

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Wynn Resorts posted beats on its top and bottom lines in the fourth quarter. In results released after the closing bell Wednesday, both Macao locations and Las Vegas were strong while Boston Harbor was essentially in line with expectations. The Club stock moved higher in after-hours trading. Operating revenue for the three months ended Dec. 31 increased 83% year-over-year, to $1.84 billion, outpacing expectations of $1.74 billion, according to estimates compiled by LSEG. Adjusted earnings-per-share (EPS) came in at 1.91 per share, outpacing the LSEG consensus estimate of $1.15 and reversing a loss in the year-ago period. Adjusted property EBITDAR...