Why Is Wynn (WYNN) Down 9.5% Since Last Earnings Report?
Wynn Resorts reported Q2 2026 earnings and revenues that beat consensus estimates, with adjusted EPS of $1.24 vs. $1.01 expected and revenues of $1.86B vs. $1.84B expected. Wynn Palace drove growth with 21.1% revenue increase and 28.2% EBITDAR growth. However, the stock has declined 9.5% since the earnings release, underperforming the S&P 500. Analysts have been revising estimates downward since the report, and the stock carries a Zacks Rank #3 (Hold) rating with expectations for in-line returns.