Red Rock Resorts Inc expected to post earnings of 26  cents a share - Earnings Preview

Red Rock Resorts

01/05/2021 01:09

* Red Rock Resorts Inc  RRR.OQ   RRR.O  is expected to show
a fall in quarterly revenue when it reports results on May 4.
* The Las Vegas, Nevada-based company is expected to report  a
10.9% decrease in revenue to $336.124 million from $377.39
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Red Rock Resorts Inc is
for earnings of 26 cents per share. For the same quarter last
year, the company reported a loss of $2.18 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had fallen by
about 8.7% in the last three months.​
* Wall Street's median 12-month price target for Red Rock
Resorts Inc is $37​, about 1% above​ its last closing price
of $36.63. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.22        0.30       0.39      Beat    28.2
 Sep. 30 2020  0.20        0.08       0.56      Beat    635.8
 Jun. 30 2020  -1.05       -1.11      -1.01     Beat    8.9​
 Mar. 31 2020  0.07        0.20       -2.18     Missed  -1,210
                                                        .8
 Dec.          0.13​       0.24       0.05      Missed  -79​
 31​ 2019​                                              
 Sep. 30 2019  0.10        0.16       -0.23     Missed  -248.4
                                                        ​
 Jun. 30 2019  0.22        0.27       -0.06     Missed  -122.1
 Mar. 31 2019  0.34        0.35       0.16      Missed  -53.9
 This summary was machine generated May 1 at 00:09 GMT.  All
figures in US dollars unless otherwise stated