RRR's fourth-quarter top line benefits from strong customer engagement and increased visitation at Durango Casino Resort.
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.
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' fourth-quarter 2024 results are likely to reflect strong spending per visit across its portfolio, and stable gaming and non-gaming segments performance.
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' 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. (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.
LAS VEGAS , Nov. 7, 2024 /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, 2024. Third Quarter Results Consolidated Operations Net revenues were $468.0 million for the third quarter of 2024, an increase of 13.7%, or $56.4 million, from $411.6 million in the same period of 2023.
LAS VEGAS , Oct. 25, 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 third quarter 2024 on Thursday, November 7, 2024 and will hold a conference call on the same day at 6:00 p.m. ET (3:00 p.m.
In the past three months, Red Rock Resorts, Inc. RRR shares have gained 14.9%, underperforming the Zacks Gaming industry while riding above the Zacks Consumer Discretionary sector and the S&P 500 Index. During the same time frame, the industry, the sector and the S&P 500 Index grew 17.3%, 4.7% and 6.3%, respectively.