WYNN - Wynn Resorts, Ltd. - Page 10

nice

Not so nice Tanking now after hours

INTERNATIONAL: although i agreed wynn could be similar to LVS, i did not buy because LVS was gaining market share. I know wynn is already big, and thus proportionally did not expand...

That 8/share dividend just made the stock an instant success holy shit!!

LAS VEGAS--(BUSINESS WIRE)-- Wynn Resorts, Limited (Nasdaq:WYNN - News) today reported financial results for the third quarter ended September 30, 2010.

Net revenues for the third quarter of 2010 were $1.0 billion, compared to $773.1 million in the third quarter of 2009, driven by a 49.7% increase in net revenues at Wynn Macau. Adjusted property EBITDA (1) increased $76.3 million to $274.5 million for the third quarter of 2010, compared to $198.2 million in the 2009 quarter.

On a US GAAP (Generally Accepted Accounting Principles) basis, net loss attributable to Wynn Resorts for the third quarter of 2010 was $33.5 million, or ($0.27) per diluted share, compared to a net income attributable to Wynn Resorts of $34.2 million, or $0.28 per diluted share in the third quarter of 2009. The decline was primarily attributable to a loss on extinguishment of debt of $64.2 million. Adjusted net income in the third quarter of 2010 was $48.7 million, or $0.39 per diluted share (adjusted EPS)(2) compared to an adjusted net income of $39.9 million, or $0.33 per diluted share in the third quarter of 2009.

Wynn Resorts also announced today that its Board of Directors has approved a cash dividend of $8 per share on its outstanding common stock. This dividend will be payable on December 7, 2010, to stockholders of record on November 23, 2010. The stock will begin to trade ex-dividend on November 19, 2010.

Wynn Macau Third Quarter Results

thing is going all over the place in AH, neg-pos

Now going back up. I have seen this head fake before on WYNN. . .

its for sure dragging LVS all around with it lol!

I just hope it sees some nice gains tomorrow...

Looking ugly now

Rev came in $10MM higher than the street estimate while EPS was inline with expectations @ $0.39/sh. I wouldn't expect to see WYNN move to the upside after this earnings report.

its coming back around, not sure if was folks waiting for the conference call at 430?

Conference call must be good because it is going up now.

i dont see it going up.

ouch

-2.00

iam still new to the stock game..but what the hell does this mean?

Wynn Resorts, Limited announced that its Board of Directors declared a cash dividend of $8.00 per share on its outstanding common stock. This dividend will be payable on December 7, 2010, to stockholders of record on November 23, 2010. The stock will begin to trade ex-dividend on November 19, 2010.


ARE THEY PAYING $8 DIVIDEND per share?!!!!!!!!!!!!!!!!!!!!!!!! thats ****ing nuts!!

That is exactly what it means. If you have 100 shares you get $800

Not even 2% drop afterhours. Tells me that investors arent hating the news too badly..
does the almost 1B that they are paying in dividends come out of next quarter rev? or is it already priced in this earnings report?