Wynn Resorts (WYNN) official guidance
Wynn Resorts (WYNN) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.
See the full Filings Intelligence suiteWYNNWYNN RESORTS LTDFY2026 · ends 2026-12-31
1 metric1 newearnings call · 2026-08-05 04:00:55 UTC
2026-08-05 04:00:55 UTC$350M – $400Mnew
All in, we now expect our 2026 expansionary CapEx in Macau to land in the $350 million-$400 million range.
WYNN · transcript · Q2 FY2026
2026-08-05 04:00:00 UTCOpen source
WYNNWYNN RESORTS LTDH2 FY2027 · ends 2027-06-30
1 metric1 newearnings call · 2026-08-05 04:00:55 UTC
2026-08-05 04:00:55 UTC$2M – $4Mnew
I would expect the absence of that inventory on those peak dates to cost us something like $2 million-$4 million in revenue per quarter through the first half of next year.
WYNN · transcript · Q2 FY2026
2026-08-05 04:00:00 UTCOpen source
WYNNWYNN RESORTS LTDFY2026
1 metric1 newearnings call · 2026-08-05 04:00:55 UTC
2026-08-05 04:00:55 UTC$4.4M – $4.7Mnew
Yeah. As you mentioned, we came in at 4.5 for the quarter, and we've been guiding at about 4.4-4.7 as sort of the range that we put out there through the rest of the year.
WYNN · transcript · Q2 FY2026
2026-08-05 04:00:00 UTCOpen source
WYNNWYNN RESORTS LTDFY2026 · ends 2026-12-31
3 metrics1 maintainedearnings call · 2026-08-05 04:00:55 UTC
2026-08-05 04:00:55 UTCahead of 2025
Full year 2026 group pace remains ahead of 2025, so we're pacing well in both room nights and rates.
WYNN · transcript · Q2 FY2026
2026-08-05 04:00:00 UTCOpen source
2026-02-13 05:00:59 UTCgrow
The visibility that we have into forward demand is largely to our group and convention business, which continues to look strong, on pace to grow both room nights and rate relative to 2025.
WYNN · transcript · Q4 FY2025
2026-02-13 05:00:00 UTCOpen source
2025-11-07 05:01:06 UTCgrownew
Looking further out, our group and convention business looks strong heading into 2026, on pace to grow both room nights and rate over 2025.
WYNN · transcript · Q3 FY2025
2025-11-07 05:00:00 UTCOpen source
2026-08-05 04:00:55 UTCahead of 2025
Full year 2026 group pace remains ahead of 2025, so we're pacing well in both room nights and rates.
WYNN · transcript · Q2 FY2026
2026-08-05 04:00:00 UTCOpen source
2026-02-13 05:00:59 UTCgrow
The visibility that we have into forward demand is largely to our group and convention business, which continues to look strong, on pace to grow both room nights and rate relative to 2025.
WYNN · transcript · Q4 FY2025
2026-02-13 05:00:00 UTCOpen source
2025-11-07 05:01:06 UTCgrownew
Looking further out, our group and convention business looks strong heading into 2026, on pace to grow both room nights and rate over 2025.
WYNN · transcript · Q3 FY2025
2025-11-07 05:00:00 UTCOpen source
2026-05-08 04:00:53 UTC$400M – $450Mmaintained-39.5% – -31.9% vs FY2025
We continue to expect the initial work on Enclave, together with our other CapEx projects, to result in a 2026 expansion in CapEx range of $400 million-$450 million.
WYNN · transcript · Q1 FY2026
2026-05-08 04:00:00 UTCOpen source
2026-02-13 05:00:59 UTC$400M – $450Mnew
For the full year 2026, we expect to spend a total of $400 million-$450 million, with several concession-related projects awaiting government approval.
WYNN · transcript · Q4 FY2025
2026-02-13 05:00:00 UTCOpen source
WYNNWYNN RESORTS LTDFY2026
2 metrics2 newearnings call · 2026-05-08 04:00:53 UTC
2026-05-08 04:00:53 UTCgrow above 2025new
Our group business remains on pace to grow both room nights and rate above 2025, and we continue to feel good about the business in Las Vegas for the remainder of 2026.
WYNN · transcript · Q1 FY2026
2026-05-08 04:00:00 UTCOpen source
2026-05-08 04:00:53 UTCgrow above 2025new
Our group business remains on pace to grow both room nights and rate above 2025, and we continue to feel good about the business in Las Vegas for the remainder of 2026.
WYNN · transcript · Q1 FY2026
2026-05-08 04:00:00 UTCOpen source
WYNNWYNN RESORTS LTDFY2026 · ends 2026-12-31
2 metrics2 newearnings call · 2026-02-13 05:00:59 UTC
2026-02-13 05:00:59 UTC$4.3M – $4.5Mnew
And in terms of the outlook, we're not changing our expectation for OpEx to be in that $4.3 million-$4.5 million per day range outside of major event periods.
WYNN · transcript · Q4 FY2025
2026-02-13 05:00:00 UTCOpen source
2026-02-13 05:00:59 UTC$2.7M – $2.9Mnew
We raised our OpEx per day expectations last quarter to be in the range of $2.7 million-$2.9 million, and, you know, we're aligned with that, with that number.
WYNN · transcript · Q4 FY2025
2026-02-13 05:00:00 UTCOpen source
WYNNWYNN RESORTS LTDFY2026
1 metric1 newearnings call · 2026-02-13 05:00:59 UTC
2026-02-13 05:00:59 UTCat least 55%new
More broadly, we're moving toward a portfolio where we expect over 55% of our revenues will be generated in non-U.S. dollar-denominated markets from assets we developed and operate, each meticulously designed around the most valuable consumers in these key markets. So as we begin 2026, Wynn Resorts is on track to become one of the most globally diversified companies in our industry.
WYNN · transcript · Q4 FY2025
2026-02-13 05:00:00 UTCOpen source
WYNNWYNN RESORTS LTDFY2026 · ends 2026-12-31
1 metric1 maintainedearnings call · 2026-02-13 05:00:59 UTC
2026-02-13 05:00:59 UTC80Kmaintained
As I mentioned last quarter, we will begin the Encore Tower remodel in the second quarter and expect to lose about 80,000 room nights in 2026.
WYNN · transcript · Q4 FY2025
2026-02-13 05:00:00 UTCOpen source
2025-11-07 05:01:06 UTC80Knew
I do want to note that as we begin the Encore Tower remodel in the spring, we will lose about 80,000 room nights in 2026.
WYNN · transcript · Q3 FY2025
2025-11-07 05:00:00 UTCOpen source
WYNNWYNN RESORTS LTDFY2025 · ends 2025-12-31
1 metric1 newearnings call · 2025-11-07 05:01:06 UTC
2025-11-07 05:01:06 UTC$200M – $250Mnew-52.7% – -40.8% vs FY2024
In terms of CAPEX in Macau, last quarter, we initiated two projects, as Craig mentioned, an expansion of the Chairman's Club gaming area at Wynn Palace and a refresh of our Wynn Tower rooms at Wynn Macau. Together with other ongoing CAPEX projects, we continue to expect to spend $200 million-$250 million in total for 2025.
WYNN · transcript · Q3 FY2025
2025-11-07 05:00:00 UTCOpen source
WYNNWYNN RESORTS LTDFY2027 · ends 2027-12-31
1 metric1 newearnings call · 2025-11-07 05:01:06 UTC
2025-11-07 05:01:06 UTCa significant free cash flow inflection pointnew
We have a significant free cash flow inflection point coming in 2027, driven in large part by Wynn on Marjan.
WYNN · transcript · Q3 FY2025
2025-11-07 05:00:00 UTCOpen source