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Wynn Posts Mixed Quarter
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Wynn Resorts(WYNN Quote) reported a mixed first quarter after the market close Thursday, but the casino operator's Macau results looked much stronger than competitor Las Vegas Sands'(LVS Quote).
Wynn's overall revenue beat estimates, but earnings per share came in a penny lower than consensus expectations. The results sent Wynn shares down 4% in recent after-hours trading Thursday.
A day earlier, Las Vegas Sands earnings widely missed analyst estimates because of weak results at its Venetian Macau property, which is now the world's largest casino. ...
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