The Rise and Fall: an Intriguing Look at Last-Minute Trades on CNBC

Wynn Resorts Wows with Strong Earnings Report

On CNBC’s “Halftime Report Final Trades,” Jim Lebenthal of Cerity Partners highlighted Wynn Resorts, Limited WYNN as his final trade.

Wynn Resorts roared into the financial spotlight on Feb. 7, with a fourth-quarter report that exceeded expectations. The company reported earnings of $1.91 per share, surprising analysts who had pegged it at $1.15 per share, marking a stellar 66% beat. Impressively, sales of $1.84 billion also outshined estimates by 5.83%, a remarkable 83.08% jump from the previous year’s $1 billion.

Hilton Worldwide: Awaiting Earnings Amid High Expectations

Jason Snipe of Odyssey Capital Advisors expressed optimism on Hilton Worldwide Holdings Inc. HLT.

Investors eye Hilton Worldwide with bated breath as it gears up to unveil its first quarter 2024 financial results before the market opens on April 24, 2024. Projections hover around quarterly earnings of $1.42 per share against a revenue backdrop of $2.55 billion.

Schlumberger Strikes a Deal for Carbon Capture Division

Stephanie Link of Hightower put forward Schlumberger Limited SLB as her closing selection.

Schlumberger stirred the pot on March 27 by announcing a merger with Aker Carbon Capture (ACC) to drive industrial decarbonization on a broad scale. Post-transaction, Schlumberger secures an 80% stake in the combined entity, with ACC commanding the remaining 20%. A hefty price tag of NOK 4.12 billion ($380.86 million) sealed the majority ownership deal for Schlumberger.

Price Movements:

• Wynn Resorts climbed 4.2% to $106.56 at the close of Monday’s trading.
• Hilton Worldwide dipped 0.3% to finish at $212.70 on Monday.
• Schlumberger gained 0.8% to $55.22 on Monday.

The business world remains abuzz with anticipation as these companies navigate the turbulent waters of financial markets, where every decision could make or break the next big move.