05:00 PM EST, 11/04/2024 (MT Newswires) -- Wynn Resorts ( WYNN ) reported Q3 adjusted earnings late Monday of $0.90 per diluted share, down from $0.99 a year earlier.

Analysts polled by Capital IQ expected $1.10.

Operating revenue for the quarter ended Sept. 30 was $1.69 billion, up from $1.67 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.73 billion.

The company said its board kept its quarterly dividend at $0.25 per share, payable on Nov. 27 to shareholders of record as of Nov. 15.

The board on Friday also authorized a repurchase of up to $1 billion of shares, raising the previously available repurchase authorization by about $766 million, the company said.

Shares of Wynn Resorts ( WYNN ) were down 3.8% in after-hours activity.

Price: 92.00, Change: -3.65, Percent Change: -3.82