NEW YORK (TheStreet) -- Shares of Wynn Resorts  (WYNN)  were falling in after-hours trading on Wednesday as the casino operator reported 2016 fiscal third-quarter results that missed analysts' estimates. 

After today's market close, Las Vegas-based Wynn posted adjusted earnings of 75 cents per share, below Wall Street's expected 78 cents per share. 

Revenue was $1.11 billion, which missed analysts' projected $1.12 billion. 

In 2015, Wynn reported adjusted earnings of 86 cents per share on revenue of $996.28 million for the third quarter. 

The company said Wynn Macau revenue fell 11.5% year-over-year to $518.1 million in the 2016 third quarter.

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. 

The team rates Wynn Resorts as a Hold with a ratings score of C. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and revenue growth. However, as a counter to these strengths, the team finds that the growth in the company's earnings per share has not been good.

You can view the full analysis from the report here: WYNN

WYNN Chart WYNN data by YCharts

If you liked this article you might like

Closing Bell: LIVE MARKETS BLOG

Closing Bell: LIVE MARKETS BLOG

Steve Wynn Gives Up Control of Ex-Wife's Shares

Steve Wynn Gives Up Control of Ex-Wife's Shares

Steve Wynn's Inglorious Departure Could Draw Activist Investor Campaign

Steve Wynn's Inglorious Departure Could Draw Activist Investor Campaign

3 Out of 4 Employers Haven't Changed Sexual Harassment Policy in Wake of #MeToo

3 Out of 4 Employers Haven't Changed Sexual Harassment Policy in Wake of #MeToo

Dow, S&P 500 and Nasdaq Finish Lower

Dow, S&P 500 and Nasdaq Finish Lower