Shares of Wynn Resorts rise after another great quarter but are still cheap

Another quarter of great results from the casino operator, including beats for every property and upbeat guidance. Read more...

The Wynn Las Vegas resort and casino at dusk in Las Vegas, Nevada, US, on Monday, May 8, 2023. Wynn Resorts Ltd. is scheduled to release earnings figures on May 10. 

Bridgett Bennett | Bloomberg | Getty Images

Shares of Wynn Resorts popped 2% in after-hours trading Tuesday after the casino operator reported stronger-than-expected quarterly results, driven by the Super Bowl in Las Vegas and the recovery in China’s Macao region.

We’re surprised the stock isn’t up more.

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