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

Red Rock Resorts

03/08/2023 22:02

* Red Rock Resorts Inc  RRR.OQ  reported quarterly adjusted
earnings of 65 cents​​ per share for the quarter ended in June.
The mean expectation of eleven analysts for the quarter was
for earnings of 63 cents per share.
    * Revenue fell 1.4% to $416.13 million from a year ago;
analysts
expected $419.62 million. 
    * Red Rock Resorts Inc's reported EPS for the quarter was 65
cents​.
    * The mean earnings estimate of analysts had risen by
about 13.2%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Red Rock Resorts Inc shares had risen by 2.1% this
quarter and
gained 19.4% so far this year.
    * The company reported quarterly net income of $39.51
million.
    * Wall Street's median 12-month price target for Red Rock
Resorts
Inc is $54.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.63           0.65           Beat
 Mar. 31 2023      0.53           0.75           Beat
 Dec. 31 2022      0.59           1.49           Beat
 Sep. 30 2022      0.50           0.48           Missed