Core Insights - Red Rock Resorts reported revenue of $495.7 million for Q4 2024, a 7.1% year-over-year increase, with an EPS of $0.76 compared to $0.95 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $489.58 million by 1.25%, while the EPS surprised by 80.95% against the consensus estimate of $0.42 [1] Financial Performance Metrics - Casino operating revenues were $326.54 million, surpassing the estimated $324.74 million, reflecting an 8.3% increase year-over-year [4] - Room operating revenues reached $52.32 million, slightly below the estimated $53.62 million, with a minimal year-over-year increase of 0.2% [4] - Food and beverage operating revenues totaled $92.07 million, exceeding the estimated $86.95 million, marking an 8.2% year-over-year increase [4] - Other operating revenues were reported at $24.77 million, above the average estimate of $24.21 million, showing a 5.2% year-over-year increase [4] - Net revenue from Las Vegas operations was $492.64 million, exceeding the three-analyst average estimate of $481.88 million, with a year-over-year change of 7.2% [4] - Corporate and other net revenue was $3.06 million, below the estimated $3.34 million, reflecting an 8.7% year-over-year decline [4] - Adjusted EBITDA for Las Vegas operations was $223.90 million, surpassing the estimated $216.48 million [4] - Adjusted EBITDA for corporate and other operations was -$21.50 million, worse than the estimated -$19.74 million [4] Stock Performance - Red Rock Resorts' shares have returned +14.8% over the past month, outperforming the Zacks S&P 500 composite's +4.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]
Compared to Estimates, Red Rock Resorts (RRR) Q4 Earnings: A Look at Key Metrics