Description
Overview of the 3rd quarter of Wynn Resorts Limited for the year 2023.
Goals and objectives of the research
Research Objective: To perform a comparative analysis of the Q2FY23 quarterly report and those of previous periods.
Research Tasks:
- Gather comprehensive financial and corporate information pertaining to the company for Q2FY23;
- Analyze the collected information;
- Conduct a comparative assessment of the Q2FY23 report with the reports from previous quarters of the current fiscal year and Q2FY22;
- Formulate conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data used is reflective of the researcher's personal opinion, this will be labeled accordingly.
The provided public company reports are unaudited.
Document markup
- FY - Financial Year;
- Q - Quarter;
- WR - Wynn Resorts;
- QoQ - Quarter-over-Quarter;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- Wynn Resorts Annual Report Period is from January 1, to December 31, 2023;
- The specified financial year coincides with the calendar year.
Short Insights
- On March 7, 2023, WML concluded an offering of 600 million USD 4.50% convertible bonds due 2029;
- In March 2023, the Company repurchased all its outstanding Wynn Las Vegas 4 1/4% Senior Notes;
- Operating revenues amounted to 1,595.822 million USD for the Q2FY23;
- Adjusted net income attributable to Wynn Resorts, Limited was 103.3 million USD, or 0.91 USD per diluted share.
