Red Rock Resorts Inc expected to post earnings of 63  cents a share - Earnings Preview

Red Rock Resorts

02/08/2023 03:04

* Red Rock Resorts Inc  RRR.OQ   RRR.O  is expected to show
a fall
in quarterly revenue when it reports  results on August 3. 
    * The Las Vegas Nevada-based  company is expected to report 
a
0.6% decrease in revenue to $419.625 million from $422.24
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Red Rock Resorts
Inc is
for earnings of 63 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 $54​, above​ its last closing price of $47.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.54        0.53       0.75      Beat    42.3
 Dec. 31 2023  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.        0.66        0.66       0.77      Beat    17
 31 2022                                                
 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. 30 2021  0.39        0.39       1.12      Beat    187.4
 This summary was machine generated August 2 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated