FY2022 EPS Estimates for Wynn Macau, Limited (OTCMKTS:WYNMF) Decreased by Analyst

Wynn Macau, Limited (OTCMKTS:WYNMF – Get Rating) – Equities researchers at Jefferies Financial Group decreased their FY2022 earnings per share (EPS) estimates for Wynn Macau in a research note issued to investors on Wednesday, May 11th. Jefferies Financial Group analyst A. Lee now anticipates that the company will post earnings of ($0.11) per share for the year, down from their previous forecast of ($0.05).

Other equities research analysts have also issued reports about the stock. Morgan Stanley raised shares of Wynn Macau from an “underweight” rating to an “equal weight” rating in a report on Monday, March 28th. Zacks Investment Research raised shares of Wynn Macau from a “sell” rating to a “hold” rating in a report on Saturday, May 7th.

Shares of WYNMF opened at $0.58 on Friday. Wynn Macau has a 1-year low of $0.55 and a 1-year high of $1.76. The company’s fifty day moving average price is $0.67 and its 200-day moving average price is $0.81.

About Wynn Macau (Get Rating)

Wynn Macau, Limited, together with its subsidiaries, develops, owns, and operates the Wynn Palace and Wynn Macau casino resorts in Macau. The company's Wynn Palace resort features approximately 424,000 square feet of casino space providing 24-hour gaming and various games comprising private gaming salons and sky casinos; a luxury hotel with a total of 1,706 guest rooms, suites, and villas; and 14 food and beverage outlets.

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