Red Rock Resorts Inc. (RRR)
Red Rock Resorts: Shares Are Worth The Premium
Red Rock Resorts, Inc. operates and manages casinos in Las Vegas, a prime location for gaming, with significant growth potential driven by population and income increases. Despite decent fundamentals, Red Rock Resorts' shares are more expensive than similar businesses, but the premium is justified by its market position and growth prospects. Revenue growth has been strong, particularly from casino and food and beverage sales, but net income has declined due to rising costs and interest expenses.
Red Rock Resorts Q4 Earnings & Revenues Surpass Estimates
RRR's fourth-quarter top line benefits from strong customer engagement and increased visitation at Durango Casino Resort.
Red Rock Resorts, Inc. (RRR) Q4 2024 Earnings Call Transcript
Red Rock Resorts, Inc. (NASDAQ:RRR ) Q4 2024 Results Earnings Conference Call February 12, 2025 4:15 PM ET Company Participants Stephen Cootey - Executive Vice President, Chief Financial Officer and Treasurer Scott Kreeger - President Lorenzo Fertitta - Vice Chairman of the Board Frank Fertitta III - Chief Executive Officer Conference Call Participants Carlo Santarelli - Deutsche Bank Shaun Kelley - Bank of America Jordan Bender - Citizens JMP Steve Wieczynski - Stifel Stephen Grambling - Morgan Stanley Barry Jonas - Truist Securities Daniel Politzer - Wells Fargo Chad Beynon - Macquarie Joseph Stauff - Susquehanna Brandt Montour - Barclays Capital John DeCree - CBRE Benjamin Chaiken - Mizuho Securities David Katz - Jefferies Operator Good afternoon and welcome to the Red Rock Resorts Fourth Quarter and Full Year 2024 Conference Call. All participants will be in listen-only mode.
Compared to Estimates, Red Rock Resorts (RRR) Q4 Earnings: A Look at Key Metrics
The headline numbers for Red Rock Resorts (RRR) give insight into how the company performed in the quarter ended December 2024, 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) Q4 Earnings and Revenues Surpass Estimates
Red Rock Resorts (RRR) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.95 per share a year ago.
Red Rock Resorts (RRR) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Beyond analysts' top -and-bottom-line estimates for Red Rock Resorts (RRR), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
RRR Gears Up to Report Q4 Earnings: Here's What You Should Know
Red Rock Resorts' fourth-quarter 2024 results are likely to reflect strong spending per visit across its portfolio, and stable gaming and non-gaming segments performance.
Analysts Estimate Red Rock Resorts (RRR) to Report a Decline in Earnings: What to Look Out for
Red Rock Resorts (RRR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Will Red Rock Resorts (RRR) Beat Estimates Again in Its Next Earnings Report?
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: A Buy On Any Dip
Red Rock Resorts' new Durango property is performing well, despite some cannibalization from nearby properties. The $1 billion land bank value isn't fully reflected in RRR's current stock price. RRR's management is highly regarded, but Quant ratings suggest a Sell due to growth concerns.
Red Rock Resorts, Inc. (RRR) Q3 2024 Earnings Call Transcript
Red Rock Resorts, Inc. (NASDAQ:RRR ) Q3 2024 Earnings Conference Call November 7, 2024 6:00 PM ET Company Participants Stephen Cootey - Chief Financial Officer, Executive Vice President and Treasurer Scott Kreeger - President Lorenzo Fertitta - Vice Chairman, Board Conference Call Participants Joseph Greff - JPMorgan Carlo Santarelli - Deutsche Bank Steve Wieczynski - Stifel David Katz - Jefferies Stephen Grambling - Morgan Stanley Barry Jonas - Truist Securities Brandt Montour - Barclays John DeCree - CBRE Daniel Politzer - Wells Fargo Operator Good afternoon and welcome to Red Rock Resorts Third Quarter 2024 Conference Call. All participants will be in a listen-only mode.
Red Rock Resorts Q3 Earnings & Revenues Surpass Estimates
RRR's third-quarter top line reflects solid contributions from Las Vegas operations.
