Wynn Resorts Q3 Profit Rises - Quick Facts

(RTTNews) - Wynn Resorts, Limited (WYNN) reported third-quarter net income to company of $182.02 million or $1.79 per share, compared to $112.03 million or $1.11 per share, last year. Adjusted income for the quarter was $187.04 million or $1.84 per share.

On average, 22 analysts polled by Thomson Reuters expected the company to report profit per share of $1.65 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $1.39 billion, from $1.30 billion, last year. The company said, the increase in revenue was driven by a 9.6% revenue increase from its Macau operations and 1.1% higher revenues from Las Vegas operations. Analysts expected revenue of $1.36 billion for the quarter.

Wynn Resorts also announced the company has approved a cash dividend for the quarter of $1.00 per common share. This dividend will be payable on November 21, 2013, to stockholders of record on November 7, 2013.