Red Rock Resorts Inc expected to post earnings of 53  cents a share - Earnings Preview

Red Rock Resorts

03/05/2023 03:09

* Red Rock Resorts Inc  RRR.OQ   RRR.O  is expected to show
a rise
in quarterly revenue when it reports  results on May 4. 
    * The Las Vegas Nevada-based  company is expected to report 
a
2.5% increase in revenue to $411.755 million from $401.64
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 53 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"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 $50.5​, above​ its last closing price of $48.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.55        0.60       0.26      Missed  -56.6​
 Mar. 31 2022  0.66        0.66       0.77      Beat    17
 ​​Dec.        0.57        0.68       1.66      Beat    143.8
 31 2021                                                
 Sep. 30 2021  0.89        0.82       0.93      Beat    13.5​
 Jun. 30 2021  0.39        0.39       1.12      Beat    187.4
 Mar. 31 2021  0.36        0.27       1.48      Beat    452.7
 This summary was machine generated May 3 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated