Las Vegas-based casino operator Wynn Resorts Ltd. total revenue rose 11 percent in the third quarter of 2016 but the data isn’t enough cause for celebration.

Net revenues were $1.11 billion for the third quarter of 2016, an increase of 11.4%, or $113.5 million, from $996.3 million for the same period of 2015, Wynn Resorts said in a regulatory filing.

The increase, according to the casino operator, was the result of $164.6 million from Wynn Palace and an increase of $15.9 million from our Las Vegas Operations. Wynn Resorts’ total adjusted earnings before interest, taxes depreciation and amortization rose by 9.1 percent to US$305.4 million for the third quarter from $279.9 million for the same period of 2015.

But the latest data missed analysts’ estimates, which projected the casino operator’s third quarter revenues to be around $1.12 billion. Even the Macau unit of Wynn Resorts, the casino company founded by billionaire Steve Wynn, posted third-quarter profit that missed analysts’ estimates.