In the past three months, Red Rock Resorts, Inc. (RRR) shares have gained 14.9%, underperforming the Zacks Gaming industry while riding above the Zacks Consumer Discretionary sector and the S&P 500 Index. During the same time frame, the industry, the sector and the S&P 500 Index grew 17.3%, 4.7% and 6.3%, respectively. Price Performance Image Source: Zacks Investment Research The company's ongoing Durango expansion project, along with its focus on operational discipline and opportunities to improve efficien ...

Table of Contents Large accelerated filer ☑ Accelerated filer ☐ Non-accelerated filer ☐Smaller reporting company☐ Emerging growth company ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file ...

I 4 th F I 4kodiak In a February 13 Seeking Alpha article on Red Rock Resorts, Inc. (NASDAQ:RRR), I concluded: Red Rock Resorts, Inc. shares reached a new high after the latest earnings report. Any pullback could offer long-term value for the company that will continue to benefit from Las Vegas's success. The shares were trading at $57.43 on February 13 after reaching a record $59.62 high on February 12. On April 4, RRR stock reached another upside milestone at $63.28. After a correction, the shares resumed ...

Red Rock Resorts, Inc. (NASDAQ:RRR) Q2 2024 Earnings Conference Call July 23, 2024 4:30 PM ET Corporate Participants Stephen Cootey - Executive Vice President, Chief Financial Officer and Treasurer Frank Fertitta - Chief Executive Officer Scott Kreeger - President Conference Call Participants Joe Greff - JPMorgan Carlo Santarelli - Deutsche Bank Shaun Kelley - Bank of America Jordan Bender - JMP Steve Wieczynski - Stifel Barry Jonas - Truist Securities Stephen Grambling - Morgan Stanley Dan Politzer - Wells ...

Red Rock Resorts (RRR) reported $486.4 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 16.9%. EPS of $0.59 for the same period compares to $0.65 a year ago. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. View all Key Company Metrics for Red Rock Resorts here>>> The reported revenue repre ...

Red Rock Resorts (RRR) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on ...

Exhibit 99.1 Red Rock Resorts Announces Second Quarter 2024 Results LAS VEGAS, July 23, 2024 (GLOBE NEWSWIRE) - Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the second quarter ended June 30, 2024. Second Quarter Results Consolidated Operations Las Vegas Operations Balance Sheet Highlights The Company's cash and cash equivalents at June 30, 2024 were $136.4 million and total principal amount of debt outstanding at the end of the second ...

Red Rock Resorts (RRR) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. Zacks Consensus Estimate Revenues are expected to be $473.1 million, up 13.7% from the year-ago quarter. Investors should keep in mind that the ...

LAS VEGAS, July 8, 2024 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the second quarter 2024 on Tuesday, July 23, 2024 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m. PT). The conference call will consist of prepared remarks from the Company and will include a question and answer session. The Company's conference call that was previously scheduled for July 3 ...

To listen to the conference call, please dial into the conference operator no later than 4:15 p.m. ET (1:15 p.m. PT) at (888) 317-6003 using the passcode: 8857354. For those of you dialing in internationally, your dial in number is (412) 317-6061. A live audio webcast of the call will also be available at www.redrockresorts.com. About Red Rock Resorts Investors: Red Rock Resorts Stephen L. Cootey (702) 495-3550 SOURCE Red Rock Resorts, Inc. LAS VEGAS, June 28, 2024 /PRNewswire/ -- Red Rock Resorts, Inc. ("R ...