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Red Rock Resorts' savvy unveils upscale property in Durango aimed at Vegas locals. More than $1 billion to build and expand local property is a huge risk. Early results are impressive, validating the risk in a bad macro environment.
Red Rock Resorts, Inc. remains a buy, supported by robust local market demand and ongoing property expansions despite recent share price corrections. RRR's latest earnings beat EPS estimates but missed revenue targets; Factor Grades show strong profitability but weak growth prospects. Six vacant land parcels position RRR for future development, with potential partnership opportunities with VICI...
Red Rock Resorts, Inc. (NASDAQ:RRR ) Q3 2025 Earnings Call October 28, 2025 4:30 PM EDT Company Participants Stephen Cootey - Executive VP, CFO & Treasurer Lorenzo Fertitta Scott Kreeger - President Conference Call Participants Daniel Politzer Brandt Montour - Barclays Bank PLC, Research Division Stephen Grambling - Morgan Stanley, Research Division David Katz - Jefferies LLC, Research Division...
LAS VEGAS , Oct. 28, 2025 /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, 2025. Third Quarter Results Consolidated Operations Net revenues were $475.6 million for the third quarter of 2025, an increase of 1.6%, or $7.6 million, from $468.0 million in the same period of 2024.
Red Rock Resorts remains a Buy, after strong results, with revenue and EPS beating expectations and a resilient, locally focused business model. RRR's Durango Casino Resort exceeded expectations, driving customer growth and supporting a robust Las Vegas locals market, with minimal cannibalization impact. The company boasts a strong development pipeline, including major property renovations and ...
LAS VEGAS , Sept. 26, 2025 /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 2025 on Tuesday, October 28, 2025 and will hold a conference call on the same day at 4:30 p.m.
Red Rock Resorts, Inc. (NASDAQ:RRR ) Q2 2025 Earnings Conference Call July 29, 2025 4:30 PM ET Company Participants Frank J. Fertitta - Chairman & CEO Lorenzo Fertitta - Corporate Participant Scott Kreeger - President Stephen Cootey - Executive VP, CFO & Treasurer Conference Call Participants Barry Jonathan Jonas - Truist Securities, Inc., Research Division Benjamin Nicolas Chaiken - Mizuho Sec...
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