Red Rock Resorts Inc expected to post earnings of 81 cents a share - Earnings Preview

Red Rock Resorts

29/10/2021 23:06

* Red Rock Resorts Inc  RRR.OQ   RRR.O  is expected to show a
rise in quarterly revenue when it reports results on November
2. 
* The Las Vegas, Nevada-based company is expected to report  a
17.8% increase in revenue to $416.104 million from $353.18
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 81 cents per share. For the same quarter last
year, the company reported earnings of 56 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "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 $60​, about 8.7% above​ its last closing price
of $54.76. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.39        0.39       1.12      Beat    187.4
 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
 Jun.          -1.05​      -1.11      -1.01     Beat    8.9​
 30​ 2020​                                              
 Mar. 31 2020  0.07        0.20       -2.18     Missed  -1,210
                                                        .8​
 Dec. 31 2019  0.13        0.24       0.05      Missed  -79
 Sep. 30 2019  0.10        0.16       -0.23     Missed  -248.4
 This summary was machine generated October 29 at 22:06 GMT.  All
figures in US dollars unless otherwise stated