Red Rock Resorts Inc expected to post earnings of 50cents a share - Earnings Preview

Red Rock Resorts

26/10/2022 24:36

* Red Rock Resorts Inc  RRR.OQ   RRR.O  is expected to show
a fall
in quarterly revenue when it reports  results on October 27. 
    * The Las Vegas Nevada-based  company is expected to report 
a
1.8% decrease in revenue to $407.361 million from $414.77
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 50 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"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 $47​, above​ its last closing price of $39.54. ​​​

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 2022  0.55        0.60       0.26      Missed  -56.6
 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
 ​​Jun.        0.39        0.39       1.12      Beat    187.4
 30 2021                                                
 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
 This summary was machine generated October 25 at 23:36 GMT.  All
figures in US dollars  unless otherwise stated