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Red Rock Resorts Inc reports results for the quarter ended June 30 - Earnings Summary

Red Rock Resorts Inc RRR.OQ reported quarterly adjusted earnings of 95 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 62 cents.  The mean expectation of twelve analysts for the quarter was for earnings of 47 cents per share. Wall Street expected results to range from 33 cents to 75 cents per share.

Revenue rose 8.2% to $526.27 million from a year ago; analysts expected $485.62 million.

Red Rock Resorts Inc's reported EPS for the quarter was 95 cents​.

The company reported quarterly net income of $56.4 million.

Red Rock Resorts Inc shares had risen by 5.2% this quarter and gained 20.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 7.3% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the casinos & gaming peer group is also "buy"

Wall Street's median 12-month price target for Red Rock Resorts Inc is $58.00, about 5.7% above its last closing price of $54.72

This summary was machine generated from LSEG data July 29 at 09:01 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.470.95Beat
Mar. 31 20250.560.75Beat
Dec. 31 20240.450.45Met
Sep. 30 20240.520.37Missed

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