Red Rock Resorts

Red Rock Resorts, Inc. is a holding company engaged in the management and development of gaming and entertainment facilities. The firm operates through the following segments: Las Vegas Operations and Native American Management. Its amenities include restaurants, entertainment venues, movie theatres, bowling and convention or banquet spaces, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. The company was founded in 1976 and is headquartered in Las Vegas, NV.

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Red Rock Resorts (RRR) reports record Q4 performance and strategic growth

Red Rock Resorts (RRR) excelled in Q4 2022, demonstrating operational strength, financial resilience, and strategic foresight.
The company's focus on core customers, non-gaming segments, and real estate ownership positions it well for long-term growth and shareholder value.
While facing challenges in ADR competitiveness and capital management, RRR can leverage opportunities in demographic growth, real estate stability, and revenue diversification.

Red Rock Resorts excels in Q1 2023, poised for Las Vegas growth

Red Rock Resorts delivered a strong Q1 2023 performance, showcasing growth in revenue, EBITDA, and key operational segments like hotels and F&B.
The company's financial health, customer-centric approach, and strategic management capabilities are key strengths driving its success.
While facing challenges in debt management and operational costs, Red Rock Resorts is well-positioned to capitalize on opportunities from population shifts and market dynamics in Las Vegas.

Red Rock Resorts excels in Q2, eyes growth through digital innovation

Red Rock Resorts' Q2 performance reflects operational excellence and strategic focus on guest satisfaction and financial efficiency. While managing debt and capital expenditures pose challenges, the company's commitment to growth and innovation positions it well for future success.

Red Rock Resorts reports strong Q3 results amidst operational challenges

Overall, Red Rock Resorts had a strong quarter with some operational challenges.
The company's focus on growth projects and profitability in key segments is notable.
Optimism about the Las Vegas market and upcoming projects is a positive sign.
Engagement with analysts on project progress and market dynamics was transparent.

Red Rock Resorts excels in Q4, eyes growth in Tavern segments

Red Rock Resorts delivered strong financial performance in Q4 2023, with record EBITDA and revenue growth.
The successful opening of Durango Casino Resort and positive customer feedback highlight operational strengths.
Challenges include potential labor cost pressures and the need to balance growth strategies for Tavern segments.
Opportunities lie in expanding market reach, optimizing operational efficiency, and capitalizing on positive booking trends.

Red Rock Resorts reports record Q1 performance and strategic growth

Red Rock Resorts excelled in Q1 2024 with strong financial performance and strategic focus on high-margin properties.
Despite challenges like cannibalization and operational nuances, the company remains resilient and growth-oriented.
Opportunities lie in asset development, value creation, and optimizing operations for sustained success.
The company's commitment to shareholder value and operational excellence sets a positive trajectory for future growth.

Red Rock Resorts excels in Q2 2024, plans expansion and deleveraging

Red Rock Resorts demonstrated strong financial performance and growth in Q2 2024, particularly in Las Vegas and Durango operations.
While facing some challenges like cannibalization and high debt levels, the company is focused on expansion and deleveraging strategies.
Opportunities for growth exist through planned capital spend, expansion projects, and shareholder value enhancement initiatives.

Red Rock Resorts (RRR) reports record-breaking Q3 results and outlines strategic growth plans

Red Rock Resorts (RRR) showcased strong financial performance in Q3 2024, driven by record results in Las Vegas operations and strategic growth initiatives.
Despite challenges in capital spending and market uncertainties, the company's focus on operational discipline and shareholder value creation remains steadfast.
Opportunities for expansion at existing and new properties, coupled with optimism about growth prospects, position Red Rock Resorts for continued success and market leadership.
Transparent communication, strategic clarity, and effective execution will be key in navigating challenges and leveraging opportunities for sustained growth.

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Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. The firm operates through the Las Vegas Operations and Native American Management segments. It offers gaming wagers, sales of food, beverage, hotel rooms and other amenities, and agreements to provide management services. The company was founded in 1976 and is headquartered in Las Vegas, NV.

Red Rock Resorts (RRR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Red Rock Resorts (RRR) Beat Estimates Again in Its Next Earnings Report?

Red Rock Resorts (RRR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Red Rock Resorts (RRR) Expected to Beat Earnings Estimates: Should You Buy?

LAS VEGAS , Jan. 10, 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 fourth quarter and full year 2023 on Wednesday, February 7, 2024 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m.

Red Rock Resorts Announces Fourth Quarter and Full Year 2023 Conference Call and Earnings Release Date

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Red Rock Resorts (RRR) reported earnings 30 days ago. What's next for the stock?

Why Is Red Rock Resorts (RRR) Up 4.5% Since Last Earnings Report?

Red Rock Resorts (RRR) benefits from robust spending per visit across its portfolio, strategic project investments and cost-saving initiatives.

Here's Why Investors Should Hold Red Rock Resorts (RRR) Now

Metta and his Artest Management Group will help Sparket drive new partners for its proprietary sports betting platform LOS ANGELES , Nov. 30, 2023 /PRNewswire/ -- Sparket announced today a strategic investment from Metta World Peace. The growing B2B sports betting startup is adding the former NBA champion and his team to its cap table at a time when it's experiencing significant growth, having launched with Red Rock Resorts (NASDAQ: RRR) in June on its STN Play iCasino platform along with a string of recent partnership announcements.

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Red Rock Resorts (RRR) third-quarter 2023 results are hurt by the dismal performance of Las Vegas operations.

Red Rock Resorts (RRR) Q3 Earnings & Revenues Beat Estimates

While the top- and bottom-line numbers for Red Rock Resorts (RRR) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Red Rock Resorts (RRR) Q3 Earnings

Red Rock Resorts, Inc. (NASDAQ:RRR ) Q3 2023 Earnings Conference Call November 7, 2023 4:30 PM ET Company Participants Stephen Cootey - Executive Vice President, Chief Financial Officer & Treasurer Frank Fertitta - Chief Executive Officer Lorenzo Fertitta - Vice Chairman Scott Kreeger - President Conference Call Participants Joe Greff - JPMorgan Carlo Santarelli - Deutsche Bank Shaun Kelley - Bank of America Jordan Bender - JMP Securities Steve Wieczynski - Stifel Barry Jonas - Truist Securities Dan Politzer - Wells Fargo Chad Beynon - Macquarie Joe Stauff - Susquehanna John DeCree - CBRE David Katz - Jefferies Operator Good afternoon, and welcome to Red Rock Resorts Third Quarter 2023 Conference Call. All participants will be in a listen-only mode.

Red Rock Resorts, Inc. (RRR) Q3 2023 Earnings Call Transcript

LAS VEGAS , Nov. 7, 2023 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the third quarter ended September 30, 2023. Third Quarter Results Consolidated Operations Net revenues were $411.6 million for the third quarter of 2023, a decrease of 0.7%, or $2.8 million, from $414.4 million in the same period of 2022.

Red Rock Resorts Announces Third Quarter 2023 Results

Why Red Rock Resorts (RRR) is Poised to Beat Earnings Estimates Again

Red Rock Resorts (RRR) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

LAS VEGAS , Oct. 12, 2023 /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 third quarter 2023 on Tuesday, November 7, 2023 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m.

Red Rock Resorts Announces Third Quarter Conference Call and Earnings Release Date

Red Rock Resorts' (RRR) emphasis on Las Vegas expansion and investment in new amenities bodes well. However, an uncertain macroeconomic environment is a headwind.

Here's Why You Should Retain Red Rock Resorts' (RRR) Stock

Red Rock Resorts, Inc. (NASDAQ:RRR ) Q2 2023 Earnings Conference Call August 3, 2023 4:30 PM ET Company Participants Stephen Cootey - EVP, CFO and Treasurer Scott Kreeger - President Lorenzo Fertitta - Vice Chairman Conference Call Participants Joe Greff - JPMorgan Carlo Santarelli - Deutsche Bank Steve Wieczynski - Stifel Dan Politzer - Wells Fargo Chad Beynon - Macquarie David Katz - Jefferies Operator Good afternoon, and welcome to Red Rock Resorts Second Quarter 2023 Conference Call. All participants will be in a listen-only mode.

Red Rock Resorts, Inc. (RRR) Q2 2023 Earnings Call Transcript

Red Rock Resorts' (RRR) second-quarter 2023 top line reflects dismal contributions from Las Vegas operations.

Red Rock Resorts (RRR) Q2 Earnings Beat Estimates, Revenues Lag

The headline numbers for Red Rock Resorts (RRR) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Red Rock Resorts (RRR) Reports Q2 Earnings: What Key Metrics Have to Say

Red Rock Resorts (RRR) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $1.27 per share a year ago.

Red Rock Resorts (RRR) Surpasses Q2 Earnings Estimates

LAS VEGAS , Aug. 3, 2023 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the second quarter ended June 30, 2023. Second Quarter Results Consolidated Operations Net revenues were $416.1 million for the second quarter of 2023, a decrease of 1.5%, or $6.1 million, from $422.2 million in the same period of 2022.

Red Rock Resorts Announces Second Quarter 2023 Results

Churchill Downs

Investors interested in stocks from the Gaming sector have probably already heard of Churchill Downs (CHDN) and Red Rock Resorts (RRR). But which of these two stocks presents investors with the better value opportunity right now?

CHDN or RRR: Which Is the Better Value Stock Right Now?

LAS VEGAS , July 14, 2023 /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 2023 on Thursday, August 3, 2023 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m.

Red Rock Resorts Announces Second Quarter Conference Call and Earnings Release Date

Red Rock Resorts' (RRR) emphasis on development projects and digital initiatives bodes well. However, inflationary pressures are a headwind.

Development Projects Aid Red Rock Resorts (RRR), Costs High

Red Rock Resorts, Inc. (NASDAQ:RRR ) Q1 2023 Earnings Conference Call May 4, 2023 4:30 PM ET Company Participants Stephen Cootey - Executive Vice President, Chief Financial Officer and Treasurer, Red Rock Resorts, Inc. Scott Kreeger – President, Red Rock Resorts, Inc. Lorenzo Fertitta - Vice Chairman Frank Fertitta - Chairman and Chief Executive Officer, Red Rock Resorts, Inc. Conference Call Participants Joe Greff - JP Morgan Carlo Santarelli - Deutsche Bank Shaun Kelley - Bank of America Jordan Bender - JMP Securities Steve Wieczynski - Stifel Barry Jonas - Truist Securities Dan Politzer - Wells Fargo Chad Beynon - Macquarie David Katz - Jefferies John DeCree - CBRE Operator Good afternoon, and welcome to Red Rock Resorts First Quarter 2023 Conference Call. All participants will be in a listen-only mode.

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