Red Rock Resorts, Inc. - Class A Common Stock (RRR)
44.93
0.00 (0.00%)
Red Rock Resorts Inc is a gaming and hospitality company that primarily focuses on developing and operating integrated resort properties in the Las Vegas area
The company offers a range of amenities including casinos, hotels, dining, and entertainment options, catering to both locals and tourists. With a commitment to creating unique and immersive experiences, Red Rock Resorts enhances the leisure and entertainment landscape by providing a diverse selection of gaming options alongside attractive accommodations and services. Through its properties, the company aims to deliver exceptional guest experiences while also contributing to the vibrant community and economy of the regions in which it operates.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Red Rock Resorts (NASDAQ:RRR) and the best and worst performers in the casino operator industry.
Casino resort and entertainment company Red Rock Resorts (NASDAQ:RRR) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 7.1% year on year to $495.7 million. Its GAAP profit of $0.76 per share was 58.7% above analysts’ consensus estimates.
Casino resort and entertainment company Red Rock Resorts (NASDAQ:RRR)
will be reporting results tomorrow after the bell. Here’s what investors should know.
Red Rock Resorts’s stock price has taken a beating over the past six months, shedding 21.6% of its value and falling to $47.59 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the casino operator industry, including Red Rock Resorts (NASDAQ:RRR) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at casino operator stocks, starting with Caesars Entertainment (NASDAQ:CZR).
Casino resort and entertainment company Red Rock Resorts (NASDAQ:RRR) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 13.7% year on year to $468 million. Its GAAP profit of $0.48 per share was also 31.2% above analysts’ consensus estimates.
