Analyst Estimates: Here's What Brokers Think Of Wynn Macau, Limited (HKG:1128) After Its Half-Yearly Report

Wynn Macau, Limited (HKG:1128) shareholders are probably feeling a little disappointed, since its shares fell 3.3% to HK$5.65 in the week after its latest interim results. It was an okay result overall, with revenues coming in at HK$16b, roughly what the analysts had been expecting. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

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Following the latest results, Wynn Macau's 13 analysts are now forecasting revenues of HK$31.6b in 2026. This would be a reasonable 2.1% improvement in revenue compared to the last 12 months. Statutory earnings per share are forecast to dip 7.4% to HK$0.52 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of HK$31.6b and earnings per share (EPS) of HK$0.52 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

See our latest analysis for Wynn Macau

There were no changes to revenue or earnings estimates or the price target of HK$6.94, suggesting that the company has met expectations in its recent result. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Wynn Macau analyst has a price target of HK$8.30 per share, while the most pessimistic values it at HK$5.50. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Wynn Macau shareholders.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. It's pretty clear that there is an expectation that Wynn Macau's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 4.2% growth on an annualised basis. This is compared to a historical growth rate of 27% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 9.3% annually. Factoring in the forecast slowdown in growth, it seems obvious that Wynn Macau is also expected to grow slower than other industry participants.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Wynn Macau's revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn't be too quick to come to a conclusion on Wynn Macau. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Wynn Macau going out to 2028, and you can see them free on our platform here..

Plus, you should also learn about the 3 warning signs we've spotted with Wynn Macau (including 2 which shouldn't be ignored) .

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.