Red Rock Resorts Inc expected to post earnings of 38 cents a share - Earnings Preview

Red Rock Resorts

26/07/2021 23:05

* Red Rock Resorts Inc  RRR.OQ   RRR.O  is expected to show a
rise in quarterly revenue when it reports results on July 28. 
* The Las Vegas, Nevada-based company is expected to report   a
244.1% increase in revenue to $373.251 million from $108.47
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Red Rock Resorts Inc is
for earnings of 38 cents per share. For the same quarter last
year, the company reported a loss of $1.01 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had risen by
about 10.6% in the last three months. ​
* Wall Street's median 12-month price target for Red Rock
Resorts Inc is $46​, about 9.6% above​ its last closing price
of $41.58. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.36        0.27       1.48      Beat    452.7
 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.          0.07​       0.20       -2.18     Missed  -1,210
 31​ 2020​                                              .8​
 Dec. 31 2019  0.13        0.24       0.05      Missed  -79​
 Sep. 30 2019  0.10        0.16       -0.23     Missed  -248.4
 Jun. 30 2019  0.22        0.27       -0.06     Missed  -122.1
 This summary was machine generated July 26 at 22:05 GMT.  All
figures in US dollars unless otherwise stated