Red Rock Resorts Inc expected to post earnings of 66 cents a share - Earnings Preview

Red Rock Resorts

04/05/2024 03:11

* Red Rock Resorts Inc  RRR.OQ   RRR.O  is expected to show
a rise
in quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Las Vegas Nevada-based  company is expected to report
a
12.9% increase in revenue to $489.641 million from $433.64
million a year ago, according to the mean estimate from 13
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Red Rock Resorts Inc is
for
earnings of 66 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "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 $66.00​, above​ its last closing price of $54.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.53        0.52       0.95      Beat    84.4
 Sep. 30 2023  0.54        0.48       0.60      Beat    26.3
 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.        0.57        0.59       1.49      Beat    152.3
 31 2022                                                
 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
 This summary was machine generated May 4 at 02:11 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)