No Data
No Data
Changes in Hong Kong stocks | Wynn Macau (01128) rose more than 4%, and its stock price hit a new high, strong business performance in the first quarter
Wynn Macau (01128) rose more than 4%, reaching a high of HK$8.1 since July 2023. As of press release, it rose 4.13% to HK$8.06, with a turnover of HK$86.11,117 million.
Xiaomo: Raising the target price for Wynn Macau (01128) “Plus” rating to HK$11
Xiaomo raised Wynn Macau's 2024-2025 EBITDA forecast by about 3%.
[Broker Focus] Motong increases Wynn Macau (01128) target price by 5%, indicating strong business performance in the first quarter
Jin Wu Financial News | According to J.P. Morgan Chase Research Report, Wynn Macau (01128) had strong business performance in the first quarter of this year, mainly benefiting from an increasingly strong midfield and strict cost control. The bank raised its 2024-2025 EBITDA forecast by about 3% to reflect better-than-expected profit margins. The target price was increased by 5% from HK$10.5 to HK$11, giving it an “increase” rating.
Q1 2024 Wynn Resorts Ltd Earnings Call
Major Bank Ratings | Lyon: Giving Wynn Macau “Buy” Ratings Good First Quarter Results and Market Share Expansion
According to a report published by Lyon, Wynn Macau performed well in the first quarter. Property Ebitda grew 14% quarterly to HK$2,649 billion, 7% higher than market expectations and 3% higher than the bank's forecast. The capital expenditure guidelines for this year and next are unchanged, ranging from a total of 350 million to 500 million US dollars, which is lower than the bank's current forecast of a total of 538 million US dollars. The bank gave it a target price of HK$10.7, with a “buy” rating. Lyon pointed out that the management of Wynn Macau said that despite the bad weather, the May 1st Golden Week performance was still encouraging. In terms of market share, the gaming revenue market share in the first quarter increased by 0.9 percentage points quarterly to 14.7%
Wynn Macau Operating Income Increases Four Folds in Q1
Wynn Macau (HKG:1128) reported an operating income of about $206.0 million in the first quarter from $47.1 million in the year-ago period, according to a Wednesday filing on the Hong Kong bourse. Tota
No Data