Red Rock Resorts offers a durable Las Vegas locals casino business and a unique portfolio of scarce, gaming-entitled development land. RRR benefits from recurring local demand, demographic tailwinds, and strong barriers to entry due to regulatory restrictions on new casino sites. Expansion projects like Durango North are positioned to capture population growth, with management targeting >6,000 additional households within three miles.
Red Rock Resorts (RRR) reported earnings 30 days ago. What's next for the stock?
Red Rock Resorts dominates the Las Vegas locals' gaming market with eighteen outlets and seven major resorts. RRR reported Q1 2026 revenue of $507M (+2% yoy) and adjusted EBITDA of $213M (-1% yoy), with margins pressured by property renovations. Renovations at Durango and Green Valley Ranch are causing short-term EBITDA and margin declines but are expected to drive future growth.
Red Rock Resorts, Inc. (RRR) Q1 2026 Earnings Call Transcript
While the top- and bottom-line numbers for Red Rock Resorts (RRR) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Red Rock Resorts (RRR) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.8 per share a year ago.
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.
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.
Bridgefront Capital LLC purchased a new stake in shares of Red Rock Resorts, Inc. (NASDAQ: RRR) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 10,305 shares of the company's stock, valued at approximately $629,000. Several other hedge funds also recently modified their holdings of the
The IPO class of 2016 produced five very different outcomes. Some companies transformed beyond recognition.
Red Rock Resorts (RRR) reported earnings 30 days ago. What's next for the stock?
Red Rock Resorts, Inc. remains a Buy as robust local market demand and expansion plans offset Las Vegas Strip tourism declines. RRR's earnings and revenues continue to outperform, with Q4 revenue of $511.78M beating forecasts and GAAP EPS at $0.75 per share. RRR is executing major property expansions, including $200M at Green Valley Ranch and $385M at Durango, supporting future growth.