Red Rock Resorts: Q1 Earnings Snapshot
By Ap News
Published - May 07, 2024, 04:28 PM ET
Last Updated - May 27, 2024, 01:01 AM EDT
LAS VEGAS (AP) — LAS VEGAS (AP) — Red Rock Resorts, Inc. (RRR) on Tuesday reported first-quarter profit of $42.8 million.
On a per-share basis, the Las Vegas-based company said it had net income of 68 cents.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share.
The company posted revenue of $488.9 million in the period, which did not meet Street forecasts. Seven analysts surveyed by Zacks expected $489.1 million.
