LAS VEGAS, NV (AP) - LAS VEGAS, NV (AP) - Wynn Resorts Ltd. reported a net income of $12.33 million for the first quarter.
The Las Vegas company reported a net profit of 2 cents a share. The adjusted earnings per share, after non-recurring costs were 29 cents.
Wall Street was not expecting the results. Zacks Investment Research surveyed seven analysts and the average was a loss per share of 18 cents.
The casino operator reported revenue of $1.42 Billion in the period. This was also higher than Street expectations. Six of the Zacks analysts interviewed expected $1.25billion.
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