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RRRBearishEarningsnews
Materiality pending

Red Rock Resorts (RRR) Q1 Earnings Top Estimates, Revenues Lag

May 8, 2024, 1:31 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- Red Rock Resorts reported mixed Q1 2024 results, beating earnings but missing revenues. - Revenues increased 12.7% YoY, adjusted EPS at 68 cents. - Las Vegas operations revenue totaled $485.6 million, adjusted EBITDA at $229.8 million. - Company's shares fell 4.3% in after-hours trading on May 7. - Zacks Rank mentioned, other companies like Boyd Gaming Corporation and Royal Caribbean Cruises also reported Q1 results. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Red Rock Resorts reported mixed Q1 2024 results, beating earnings but missing revenues.
  • Revenues increased 12.7% YoY, adjusted EPS at 68 cents.
  • Las Vegas operations revenue totaled $485.6 million, adjusted EBITDA at $229.8 million.
  • Company's shares fell 4.3% in after-hours trading on May 7.
  • Zacks Rank mentioned, other companies like Boyd Gaming Corporation and Royal Caribbean Cruises also reported Q1 results.

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