Wynn Resorts Ltd. (NASDAQ: WYNN) is already up about 300% from its lows, but this is a battleground stock that could go either way now that earnings are out.  It posted $0.28 EPS and $0.33 non-GAAP EPS on $773.1 million in revenues. Thomson Reuters was at $0.15 EPS and $743.05 million in revenues. The company ended the quarter with $1.3 billion in cash and equivalents and has total debt outstanding of $4.2 billion.  Shares initially were up 2% but at 8:43 AM EST we have shares lower by 2.8% at $61.28 on about 84,000 shares. Average volume is almost 5 million shares and this one may trade all over the place today. JON OGG
Tuesday, October 27, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment