By Yasin Ebrahim
Investing.com - Wynn Resorts (NASDAQ:WYNN) reported Tuesday a narrower third-quarter loss than expected amid a boost from the lifting of pandemic restrictions.
Wynn Resorts announced a loss per share of $1.24 on revenue of $994.6 million. Analysts polled by Investing.com anticipated a per-share loss of $1.34 on revenue of $939.69 million.
"We were pleased to deliver record adjusted property EBITDA at both Wynn Las Vegas and Encore Boston Harbor during the third quarter," said Matt Maddox, CEO of Wynn Resorts.
Looking ahead, the company refrain from providing guidance, citing the ongoing pandemic-related uncertainties.
"Given the evolving conditions created by and in response to the COVID-19 pandemic, measures that have been lifted may be reintroduced if there are adverse developments in the COVID-19 situation, and management cannot reasonably estimate the impact of such developments to the Company's future results of operations, cash flows, or financial condition," Wynn said.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar