| WYNN |
Report |
Adjusted EPS (Q2'26) |
MISS |
pred ~$0.95 vs. cons $1.03 |
MEDIUM |
| WYNN |
Report |
Macau Adjusted Property EBITDAR |
MISS |
pred ~$205M vs. cons $235M |
MEDIUM |
| WYNN |
Report |
Las Vegas Adjusted Property EBITDAR |
IN-LINE |
pred ~$256M vs. cons $258M |
MEDIUM |
| WYNN |
Guide |
Wynn Al Marjan Island (UAE) opening timeline |
LOWER |
guide ~mid/late-2028 opening vs. cons expectation of spring 2027 (full-project timeline, disclosed Q2'26 call) |
MEDIUM |
| WYNN |
Guide |
Cotai Expanded Resort / Enclave tower capex guidance (FY2026-2030 cumulative) |
LOWER |
guide ~$1.0B-$1.1B total incl. $80.8M land premium vs. cons prior estimate of ~$900-950M (multi-year capex through completion) |
MEDIUM |
| WYNN |
Guide |
Encore Boston Harbor EBITDAR trend (Q3'26 outlook commentary) |
LOWER |
guide ~$48-52M run-rate vs. cons ~$55M (Q3 2026 outlook) |
LOW |
| WYNN |
Return |
Day-1 residual (stock − beta × S&P 500) |
-3.8% |
— |
MEDIUM |
| WYNN |
Return |
5-day cumulative residual |
-5.5% (FOLLOW-THROUGH) |
Macau GGR deterioration in June/July was already partly known, but a confirmed UAE delay quantification plus incremental multi-year Cotai capex commitment (land premium + Enclave tower spend) push analysts to trim out-year EBITDA/FCF and raise leverage/funding concerns; Las Vegas comps get harder into H2 2026 (lapping record 2025), so post-print estimate revisions for FY26/27 likely skew down even if Q2 print itself is only modestly below consensus, driving continued downward drift over the following days rather than a snap-back. |
MEDIUM |