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

Red Rock Resorts

04/05/2023 22:03

* Red Rock Resorts Inc  RRR.OQ  reported quarterly adjusted
earnings of 75 cents​​ per share for the quarter ended in March.
The mean expectation of ten analysts for the quarter was
for earnings of 53 cents per share.
    * Revenue rose 8% to $433.64 million from a year ago;
analysts
expected $411.76 million. 
    * Red Rock Resorts Inc's reported EPS for the quarter was 75
cents​.
    * The mean earnings estimate of analysts had risen by
about 9.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Red Rock Resorts Inc shares had risen by 6.7% this
quarter and
gained 18.8% so far this year.
    * The company reported quarterly net income of $44.68
million.
    * Wall Street's median 12-month price target for Red Rock
Resorts
Inc is $50.50 
    * 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 May
4 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.53           0.75           Beat
 Dec. 31 2022      0.59           1.49           Beat
 Sep. 30 2022      0.50           0.48           Missed
 Jun. 30 2022      0.60           0.26           Missed