WYNN, ABNB, EA: Earnings Elevates Stocks

Wynn Resorts (WYNN) earnings were released today, May 9th, postmarket. Caroline Woods and Kevin Green discuss this as its adjusted EPS came in at $0.29 versus an estimated -$0.18 and its revenue growth for 1Q23 came in at 49.3%. Airbnb (ABNB) also released earnings with 1Q revenue coming in at $1.82B versus an estimated $1.79B and adjusted EPS coming in at $0.18 versus an estimated $0.10. ABNB also sees year-over-year growth in nights and experiences booked in 2Q. They then preview Electronic Arts (EA) earnings as the company sees 1Q revenue of $1.825B-$1.925B. Tune in to find out more about the stock market today.