While well known, Q4 earnings should be terrific. WYNN should lead the pack.
- The charts below highlight our Macau property estimates and company EBITDA estimates relative to the Street
- We’re projecting the most upside in Macau EBITDA for WYNN (2nd highest upside for company EBITDA) despite lower than normal VIP hold
- MPEL could post the biggest beat with hold only slightly higher than normal
- We’re projecting 20%+ GGR growth for Macau in January and February and if we’re right, Q1 estimates will need to be raised as well