Wynn Resorts, Limited (WYNN) earnings on August 4, 2026

After the market closes Q2 2026

More Wynn Resorts, Limited earnings

Prior outlook: Optimistic Outcome: Accurate

The stock jumped as much as 12% after the company's results, then settled to a 4% gain for the day.

WYNN price around the earnings

101.15

Change: +3.9%

2026-08-05, 20:00 UTC

Start of the measured window End of the measured window
96.99 100.94 104.90 108.85 97.32
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)No trading (market closed)
August 4, 2026 August 5, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Optimistic Outcome: Accurate

Thesis published
Results released

Optimistic analyst outlook and Macau expansion, but historical earnings show significant underperformance risk.

Context analyzed before publication

Trend
Price experienced a strong run-up in recent days, indicating conditions after a strong recent rise and high expectations into earnings.

Analysts

Evidence

Analyst consensus
Strong buy
Consensus average (1-5)
1.2
Analysts covering the stock
19
Average price target
132.68
Lowest price target
115
Highest price target
145
Upside to price target
36.8%
Quarterly earnings growth
65.6%
Revenue growth
9.2%
Forward EPS
5.26
Trailing EPS
3.45
Analyst moves in the last 60 days
7
  • Strong buy: 4
  • Buy: 16
  • Hold: 0
  • Sell: 0
  • Strong sell: 0
Strong buy
4
Buy
16
Hold
0
Sell
0
Strong sell
0
  • July 28, 2026 · Mizuho: Maintains rating (Outperform → Outperform)
  • July 16, 2026 · Stifel: Maintains rating (Buy → Buy)
  • July 15, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
  • July 14, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
  • July 9, 2026 · Barclays: Maintains rating (Overweight → Overweight)
  • July 8, 2026 · Truist Securities: Initiates coverage (Buy)
  • July 7, 2026 · Macquarie: Maintains rating (Outperform → Outperform)

Technicals

Evidence

Price when the context was analyzed
98.34
Average true range (ATR)
2.5%
Distance to 52-week high
-26.8%
14-day change (14d)
+2.8%
30-day change (32d)
+2.5%
30-day relative strength
+0.8%
SPY change (32d)
+1.7%
Nearest support
97.65
Distance to nearest support
0.7%
Nearest resistance
98.53
Distance to nearest resistance
0.2%
Volume accumulation ratio (14d / 46d)
1.12
  • Major: 97.65 (0.7% away, 0.28 ATR, 40 touches)
  • Mid: 96.9 (1.5% away, 0.58 ATR, 28 touches)
  • Major: 95.85 (2.5% away, 1.01 ATR, 32 touches)
  • Major: 98.53 (0.2% away, 0.08 ATR, 38 touches)
  • Major: 99.29 (1% away, 0.39 ATR, 39 touches)
  • Major: 100.15 (1.8% away, 0.73 ATR, 26 touches)

Trends

Evidence

Average earnings surprise
-12.4%
  • May 7, 2026: actual EPS 1.25 vs estimate 1.18 (surprise +5.5%)
  • February 12, 2026: actual EPS 1.17 vs estimate 1.48 (surprise -20.7%)
  • November 6, 2025: actual EPS 0.86 vs estimate 1.15 (surprise -25.4%)
  • August 7, 2025: actual EPS 1.09 vs estimate 1.2 (surprise -8.8%)

Expected move

Implied move
+3.5%
Source
Options chain

Reactions over its last 20 earnings

Median move
3.7%
75th percentile move
5.5%
90th percentile move
8.6%
Up / down moves
9 / 11
Average up move
+5.2%
Average down move
-3.0%

Monitoring and close

What Wynn Resorts, Limited reported

Status
Finished
Actual EPS1.24
EPS estimate1.11
EPS surprise+11.7%
Revenue$1,857 million
Revenue estimate$1,841 million
Revenue surprise+0.9%

Wynn Resorts beat Q2 expectations with adjusted EPS of $1.24 and revenue of $1.857 billion, surpassing estimates. Shares rose 7.9% in after-hours market review.

Sources (7)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating +5.1% pre-market, a move in line with the stock's usual reaction (about 4%). The figures confirm the optimistic scenario. In the 1,140 similar cases in our market history, the close held that direction 84% of the time.

How the stock reacted

Outcome
Accurate
Consolidated
+4.3%
Max favorable move (MFE)
12.2%
Max adverse move (MAE)
0.2%