Red Rock Resorts Inc expected to post earnings of 48  cents a share - Earnings Preview

Red Rock Resorts

04/11/2023 03:03

* Red Rock Resorts Inc  RRR.OQ   RRR.O  is expected to show
a fall
in quarterly revenue when it reports  results 
    * The Las Vegas Nevada-based  company is expected to report 
a
0.9% decrease in revenue to $410.82 million from $414.44 million
a year ago, according to the mean estimate from 11 analysts,
based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Red Rock Resorts
Inc is
for earnings of 48 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Red Rock
Resorts
Inc is $52​, above​ its last closing price of $42.18. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.69        0.63       0.65      Beat    3.2
 Mar. 31 2023  0.54        0.53       0.75      Beat    42.3
 Dec. 31 2022  0.57        0.59       1.49      Beat    152.3​
 Sep. 30 2022  0.50        0.50       0.48      Missed  -4.7
 ​​Jun.        0.55        0.60       0.26      Missed  -56.6
 30 2022                                                
 Mar. 31 2022  0.66        0.66       0.77      Beat    17​
 Dec. 31 2021  0.57        0.68       1.66      Beat    143.8
 Sep. 30 2021  0.89        0.82       0.93      Beat    13.5
 This summary was machine generated November 4 at 03:02 GMT.  All
figures in US dollars  unless otherwise stated