Red Rock Resorts Announces Third Quarter 2024 Results
Red Rock Resorts, Inc. - Class A (RRR)
Last red rock resorts, inc. - class a earnings: 2/4 04:03 pm
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Source: PR Newswire
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 ResultsConsolidated OperationsNet 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. Net income was $55.4 million for the third quarter of 2024, a decrease of 19.0%, or $13.0 million, from $68.4 million in the same period of 2023. Adjusted EBITDA(1) was $182.7 million for the third quarter of 2024, an increase of 4.3%, or $7.5 million, from $175.2 million in the same period of 2023.Las Vegas Operations Net revenues from Las Vegas operations were $464.7 million for the third quarter of 2024, an increase of 13.9%, or $56.8 million, from $408.0 million in the same period of 2023. Adjusted EBITDA from Las Vegas operations was $202.6 million for the third quarter of 2024, an increase
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News
- Earnings grew faster than the solid 18% CAGR delivered to Red Rock Resorts (NASDAQ:RRR) shareholders over the last five years [Yahoo! Finance]Yahoo! Finance
- Red Rock Resorts, Inc. (NASDAQ: RRR) was downgraded by analysts at Mizuho from an "outperform" rating to a "neutral" rating. They now have a $44.00 price target on the stock, down previously from $57.00.MarketBeat
- Casino Operator Stocks Q3 Teardown: Red Rock Resorts (NASDAQ:RRR) Vs The Rest [Yahoo! Finance]Yahoo! Finance
- Red Rock Resorts, Inc. (NASDAQ: RRR) had its "outperform" rating re-affirmed by analysts at Mizuho. They now have a $57.00 price target on the stock, down previously from $67.00.MarketBeat
- Red Rock Resorts' (NASDAQ:RRR) Dividend Will Be $0.25 [Yahoo! Finance]Yahoo! Finance
RRR
Earnings
- 11/7/24 - Beat
RRR
Sec Filings
- 12/18/24 - Form 8-K
- 11/14/24 - Form SCHEDULE
- 11/12/24 - Form SC
- RRR's page on the SEC website