Red Rock Resorts Inc reports results for the quarter ended in June - Earnings Summary

Red Rock Resorts

09/08/2022 23:02

* Red Rock Resorts Inc  RRR.OQ  reported quarterly adjusted
earnings of 26 cents​​ per share for the quarter ended in June.
The mean expectation of nine analysts for the quarter was
for earnings of 54 cents per share.
    * Revenue fell 1.4% to $422.24 million from a year ago;
analysts
expected $404.45 million. 
    * Red Rock Resorts Inc's reported EPS for the quarter was 26
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Red Rock Resorts Inc shares had risen by 22.5% this
quarter and
lost 25.7% so far this year.
    * The company reported quarterly net income of $15.75
million.
    * Wall Street's median 12-month price target for Red Rock
Resorts
Inc is $45.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.54           0.26           Missed
 Mar. 31 2022      0.66           0.77           Beat
 Dec. 31 2021      0.68           1.66           Beat
 Sep. 30 2021      0.82           0.93           Beat