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Wynn announces earnings

Wynn Resorts Ltd., which preannounced earnings two weeks ago, said today its net income during the second quarter was $2.42 a share. In the same quarter a year ago, the company reported net income of 82 cents a share.

The Las Vegas-based casino operator said its revenues during the three months that ended June 30 were $825.2 million, compared with $687.5 million a year ago.

Wynn said results at the company's Wynn Macau casino boosted earnings.

The company announced earnings after the close of trading on the stock market.

Shares of the company closed down $8.50 on the Nasdaq National Market to close at $91.31.

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