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Red Rock Resorts: Q2 Earnings Insights

  Red Rock Resorts (NASDAQ:RRR) reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:00 PM. Here's what investors need to know about the announcement.
byBenzinga Insights
August 9, 2022
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Red Rock Resorts (NASDAQ:RRR) reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Red Rock Resorts missed estimated earnings by 51.85%, reporting an EPS of $0.26 versus an estimate of $0.54.

Revenue was down $5.92 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 7.52% drop in the share price the next day.

Here’s a look at Red Rock Resorts’s past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.66 0.53 0.81 0.36
EPS Actual 0.77 1.66 0.93 1.12
Revenue Estimate 405.40M 411.08M 416.10M 368.13M
Revenue Actual 401.64M 422.35M 414.77M 428.16M

To track all earnings releases for Red Rock Resorts visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

 
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