Red Rock Resorts (RRR) Q4 Earnings and Revenues Surpass Estimates

Core Viewpoint - Red Rock Resorts reported quarterly earnings of $0.76 per share, significantly exceeding the Zacks Consensus Estimate of$ 0.42 per share, although down from $0.95 per share a year ago, indicating an earnings surprise of 80.95% [1] Financial Performance - The company achieved revenues of$ 495.7 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.25% and up from $462.71 million year-over-year [2] - Over the last four quarters, Red Rock Resorts has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Performance - Red Rock Resorts shares have increased approximately 9% since the beginning of the year, outperforming the S&P 500's gain of 3.1% [3] Future Outlook - The company's earnings outlook will be crucial for determining the stock's immediate price movement, with current consensus EPS estimates at$ 0.51 for the coming quarter and $1.78 for the current fiscal year [4][7] - The estimate revisions trend for Red Rock Resorts is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Gaming industry, to which Red Rock Resorts belongs, is currently ranked in the top 17% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]