Core Viewpoint - Red Rock Resorts reported quarterly earnings of $0.48 per share, exceeding the Zacks Consensus Estimate of $0.37 per share, but down from $0.60 per share a year ago, indicating a 29.73% earnings surprise [1][2] Financial Performance - The company achieved revenues of $468.02 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.58% and showing an increase from $411.61 million year-over-year [2] - Over the last four quarters, Red Rock Resorts has consistently surpassed consensus EPS estimates four times and revenue estimates three times [2] Stock Performance and Outlook - Red Rock Resorts shares have increased approximately 6.2% since the beginning of the year, while the S&P 500 has gained 24.3% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is $0.48, with expected revenues of $496.9 million, and for the current fiscal year, the estimate is $1.64 on $1.93 billion in revenues [7] Industry Context - The Gaming industry, to which Red Rock Resorts belongs, is currently ranked in the bottom 36% of over 250 Zacks industries, suggesting potential challenges ahead [8]

LAS VEGAS, Nov. 7, 2024 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the third quarter ended September 30, 2024.Third Quarter ResultsConsolidated Operations Net revenues were $468.0 million for the third quarter of 2024, an increase of 13.7%, or $56.4 million, from $411.6 million in the same period of 2023.  Net income was $55.4 million for the third quarter of 2024, a decrease of 19.0%, or $13.0 million, from $68.4 mil ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Red Rock Resorts (RRR) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 7, 2024, might help the stock move higher if these key numbers are better t ...

LAS VEGAS, Oct. 25, 2024 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the third quarter 2024 on Thursday, November 7, 2024 and will hold a conference call on the same day at 6:00 p.m. ET (3:00 p.m. PT). The conference call will consist of prepared remarks from the Company and will include a question and answer session.  The Company's conference call that was previously scheduled for N ...

LAS VEGAS, Oct. 14, 2024 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the third quarter 2024 on Wednesday, November 6, 2024 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m. PT). The conference call will consist of prepared remarks from the Company and will include a question and answer session. To listen to the conference call, please dial into the conference ...

In the past three months, Red Rock Resorts, Inc. (RRR) shares have gained 14.9%, underperforming the Zacks Gaming industry while riding above the Zacks Consumer Discretionary sector and the S&P 500 Index. During the same time frame, the industry, the sector and the S&P 500 Index grew 17.3%, 4.7% and 6.3%, respectively. Price Performance Image Source: Zacks Investment Research The company's ongoing Durango expansion project, along with its focus on operational discipline and opportunities to improve efficien ...

Table of Contents Large accelerated filer ☑ Accelerated filer ☐ Non-accelerated filer ☐Smaller reporting company☐ Emerging growth company ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file ...

Red Rock Resorts, Inc. (NASDAQ:RRR) Q2 2024 Earnings Conference Call July 23, 2024 4:30 PM ET Corporate Participants Stephen Cootey - Executive Vice President, Chief Financial Officer and Treasurer Frank Fertitta - Chief Executive Officer Scott Kreeger - President Conference Call Participants Joe Greff - JPMorgan Carlo Santarelli - Deutsche Bank Shaun Kelley - Bank of America Jordan Bender - JMP Steve Wieczynski - Stifel Barry Jonas - Truist Securities Stephen Grambling - Morgan Stanley Dan Politzer - Wells ...

Red Rock Resorts (RRR) reported $486.4 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 16.9%. EPS of $0.59 for the same period compares to $0.65 a year ago. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. View all Key Company Metrics for Red Rock Resorts here>>> The reported revenue repre ...

Exhibit 99.1 Red Rock Resorts Announces Second Quarter 2024 Results LAS VEGAS, July 23, 2024 (GLOBE NEWSWIRE) - Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the second quarter ended June 30, 2024. Second Quarter Results Consolidated Operations Las Vegas Operations Balance Sheet Highlights The Company's cash and cash equivalents at June 30, 2024 were $136.4 million and total principal amount of debt outstanding at the end of the second ...