Red Rock Resorts Q4 Earnings Beat Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
0mins
Should l Buy RRR?
Source: seekingalpha
- Strong Earnings Performance: Red Rock Resorts reported a Q4 GAAP EPS of $0.75, exceeding market expectations by $0.30, which reflects the company's robust profitability and boosts investor confidence.
- Stable Revenue Growth: The company achieved revenue of $511.8 million in Q4, marking a 3.2% year-over-year increase and surpassing analyst expectations by $7.5 million, indicating solid growth in the competitive Las Vegas market.
- Optimistic Market Outlook: With local Las Vegas casinos potentially outshining the Strip this year, Red Rock Resorts' market positioning and operational strategies are likely to benefit from this trend, enhancing future revenue potential.
- Positive Analyst Ratings: Seeking Alpha's Quant Rating on Red Rock Resorts indicates a bullish sentiment, reflecting market confidence in the company's growth prospects and potentially attracting more investor interest.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy RRR?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on RRR
Wall Street analysts forecast RRR stock price to rise
10 Analyst Rating
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 62.090
Low
58.00
Averages
65.63
High
73.00
Current: 62.090
Low
58.00
Averages
65.63
High
73.00
About RRR
Red Rock Resorts, Inc. is a holding company that owns an indirect equity interest in and manages Station Casinos LLC (Station Casinos). Station Casinos is a provider of gaming, hospitality and entertainment to the residents of Las Vegas, Nevada. Station Casinos' properties, which are located throughout the Las Vegas valley, are regional entertainment destinations and include hotels as well as various amenities, including numerous restaurants, entertainment venues, movie theaters, bowling and convention/banquet spaces, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. Station Casinos owns and operates Red Rock Casino Resort Spa, Green Valley Ranch Resort Spa Casino, Durango Resort & Casino, Boulder Station Hotel & Casino, Santa Fe Station Hotel & Casino, Wildfire Rancho, Wildfire Boulder, Wildfire Sunset, Wildfire Valley View, Wildfire Anthem, and Seventy Six by Station Casinos (Centennial & Aliante).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Red Rock Resorts Declares Quarterly Dividend
- Quarterly Dividend Announcement: Red Rock Resorts (RRR) declares a quarterly dividend of $0.26 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability.
- Dividend Yield: The forward yield of 1.56% reflects the company's attractiveness in the current market environment, potentially drawing more income-focused investors.
- Payment Schedule: The dividend is payable on March 31, with a record date of March 16 and an ex-dividend date also on March 16, providing investors with a clear timeline for their investment decisions.
- Market Outlook: Local casinos in Las Vegas may outperform the Strip this year, suggesting that Red Rock Resorts possesses growth potential even in a highly competitive market.
See More
Red Rock Resorts Q4 Earnings Beat Expectations
- Strong Earnings Performance: Red Rock Resorts reported a Q4 GAAP EPS of $0.75, exceeding market expectations by $0.30, which reflects the company's robust profitability and boosts investor confidence.
- Stable Revenue Growth: The company achieved revenue of $511.8 million in Q4, marking a 3.2% year-over-year increase and surpassing analyst expectations by $7.5 million, indicating solid growth in the competitive Las Vegas market.
- Optimistic Market Outlook: With local Las Vegas casinos potentially outshining the Strip this year, Red Rock Resorts' market positioning and operational strategies are likely to benefit from this trend, enhancing future revenue potential.
- Positive Analyst Ratings: Seeking Alpha's Quant Rating on Red Rock Resorts indicates a bullish sentiment, reflecting market confidence in the company's growth prospects and potentially attracting more investor interest.
See More
Red Rock Resorts Set to Release Q4 Earnings
- Earnings Announcement: Red Rock Resorts (RRR) is scheduled to announce its Q4 2023 earnings on February 10th after market close, with consensus EPS estimate at $0.65, reflecting a 14.5% year-over-year decline, while revenue is projected at $504.3 million, indicating a 1.7% year-over-year increase.
- Performance Exceeding Expectations: Over the past year, Red Rock has beaten EPS estimates 100% of the time and revenue estimates 75% of the time, showcasing the company's robust performance and stability in a competitive market.
- Revision Trends: In the last three months, EPS estimates have seen one upward revision with no downward adjustments, while revenue estimates have experienced four upward revisions and one downward, indicating growing market confidence in the company's future performance.
- Market Environment Analysis: With Nevada eliminating an old horse racing middleman rule, Red Rock Resorts may benefit in the competitive landscape, particularly as local Las Vegas casinos are expected to outperform the Strip this year, potentially enhancing its market position.
See More
Las Vegas Locals Market Shows Positive Outlook for 2026-2027
- Market Growth Drivers: Analyst John DeCree from CBRE Equity Research anticipates that despite tougher comparisons for the locals market in 2026, tax cuts and capital reinvestment from major operators will fuel moderate growth.
- Historical Performance Advantage: The Las Vegas locals market has outperformed the Strip during economic recessions for 40 years, showcasing resilience, with a higher concentration of tipped employees and a large retiree population seen as positive factors for local casino operators.
- Stock Rating Upgrades: CBRE Equity reiterated a Buy rating on Boyd Gaming (BYD) and Red Rock Resorts (RRR), raising the price target for BYD to $105 and RRR to $75, reflecting confidence in their future performance.
- Growth Expectations: Both BYD and RRR shares are expected to perform well in the first half of 2026, driven primarily by the OBBB Act and ROI on growth capex, further solidifying their market positions.
See More
Analysts Downgrade Marsh & McLennan Price Target to $208
- Price Target Cut: Cantor Fitzgerald lowered Marsh & McLennan's price target from $226 to $208 while maintaining an Overweight rating, indicating a cautious outlook on the company's future growth potential.
- Target Price Reduction: Piper Sandler cut the price target for Intercontinental Exchange from $292 to $195, despite maintaining an Overweight rating, which may affect investor confidence in the stock.
- Price Target Increase: Citizens raised the price target for Red Rock Resorts from $65 to $68, with analysts maintaining a Market Outperform rating, reflecting optimism about the company's future performance.
- Target Price Boost: Keybanc increased AAR Corp's price target from $93 to $109, with analysts keeping an Overweight rating, signaling confidence in the company's recovery in the aviation sector.
See More
Red Rock Resorts to Release 2025 Financial Results on February 10
- Earnings Release Schedule: Red Rock Resorts plans to announce its financial results for Q4 and full year 2025 on February 10, 2026, which is expected to provide investors with critical financial data and operational performance insights.
- Conference Call Details: The company will hold a conference call at 4:30 PM ET on the same day, featuring prepared remarks and a Q&A session, enhancing engagement with investors.
- International Dial-in Information: International investors can join the call by dialing (412) 317-6061, ensuring that global stakeholders have access to the latest information and improving transparency.
- Replay Service: The call will be available for replay until February 17, 2026, allowing investors who cannot participate live to catch up on the discussion by dialing (855) 669-9658, thereby ensuring comprehensive communication of the meeting's content.
See More
Red Rock Resorts Declares Quarterly Dividend
- Quarterly Dividend Announcement: Red Rock Resorts (RRR) declares a quarterly dividend of $0.26 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability.
- Dividend Yield: The forward yield of 1.56% reflects the company's attractiveness in the current market environment, potentially drawing more income-focused investors.
- Payment Schedule: The dividend is payable on March 31, with a record date of March 16 and an ex-dividend date also on March 16, providing investors with a clear timeline for their investment decisions.
- Market Outlook: Local casinos in Las Vegas may outperform the Strip this year, suggesting that Red Rock Resorts possesses growth potential even in a highly competitive market.
See More
Red Rock Resorts Q4 Earnings Beat Expectations
- Strong Earnings Performance: Red Rock Resorts reported a Q4 GAAP EPS of $0.75, exceeding market expectations by $0.30, which reflects the company's robust profitability and boosts investor confidence.
- Stable Revenue Growth: The company achieved revenue of $511.8 million in Q4, marking a 3.2% year-over-year increase and surpassing analyst expectations by $7.5 million, indicating solid growth in the competitive Las Vegas market.
- Optimistic Market Outlook: With local Las Vegas casinos potentially outshining the Strip this year, Red Rock Resorts' market positioning and operational strategies are likely to benefit from this trend, enhancing future revenue potential.
- Positive Analyst Ratings: Seeking Alpha's Quant Rating on Red Rock Resorts indicates a bullish sentiment, reflecting market confidence in the company's growth prospects and potentially attracting more investor interest.
See More
Red Rock Resorts Set to Release Q4 Earnings
- Earnings Announcement: Red Rock Resorts (RRR) is scheduled to announce its Q4 2023 earnings on February 10th after market close, with consensus EPS estimate at $0.65, reflecting a 14.5% year-over-year decline, while revenue is projected at $504.3 million, indicating a 1.7% year-over-year increase.
- Performance Exceeding Expectations: Over the past year, Red Rock has beaten EPS estimates 100% of the time and revenue estimates 75% of the time, showcasing the company's robust performance and stability in a competitive market.
- Revision Trends: In the last three months, EPS estimates have seen one upward revision with no downward adjustments, while revenue estimates have experienced four upward revisions and one downward, indicating growing market confidence in the company's future performance.
- Market Environment Analysis: With Nevada eliminating an old horse racing middleman rule, Red Rock Resorts may benefit in the competitive landscape, particularly as local Las Vegas casinos are expected to outperform the Strip this year, potentially enhancing its market position.
See More
Las Vegas Locals Market Shows Positive Outlook for 2026-2027
- Market Growth Drivers: Analyst John DeCree from CBRE Equity Research anticipates that despite tougher comparisons for the locals market in 2026, tax cuts and capital reinvestment from major operators will fuel moderate growth.
- Historical Performance Advantage: The Las Vegas locals market has outperformed the Strip during economic recessions for 40 years, showcasing resilience, with a higher concentration of tipped employees and a large retiree population seen as positive factors for local casino operators.
- Stock Rating Upgrades: CBRE Equity reiterated a Buy rating on Boyd Gaming (BYD) and Red Rock Resorts (RRR), raising the price target for BYD to $105 and RRR to $75, reflecting confidence in their future performance.
- Growth Expectations: Both BYD and RRR shares are expected to perform well in the first half of 2026, driven primarily by the OBBB Act and ROI on growth capex, further solidifying their market positions.
See More
Analysts Downgrade Marsh & McLennan Price Target to $208
- Price Target Cut: Cantor Fitzgerald lowered Marsh & McLennan's price target from $226 to $208 while maintaining an Overweight rating, indicating a cautious outlook on the company's future growth potential.
- Target Price Reduction: Piper Sandler cut the price target for Intercontinental Exchange from $292 to $195, despite maintaining an Overweight rating, which may affect investor confidence in the stock.
- Price Target Increase: Citizens raised the price target for Red Rock Resorts from $65 to $68, with analysts maintaining a Market Outperform rating, reflecting optimism about the company's future performance.
- Target Price Boost: Keybanc increased AAR Corp's price target from $93 to $109, with analysts keeping an Overweight rating, signaling confidence in the company's recovery in the aviation sector.
See More
Red Rock Resorts to Release 2025 Financial Results on February 10
- Earnings Release Schedule: Red Rock Resorts plans to announce its financial results for Q4 and full year 2025 on February 10, 2026, which is expected to provide investors with critical financial data and operational performance insights.
- Conference Call Details: The company will hold a conference call at 4:30 PM ET on the same day, featuring prepared remarks and a Q&A session, enhancing engagement with investors.
- International Dial-in Information: International investors can join the call by dialing (412) 317-6061, ensuring that global stakeholders have access to the latest information and improving transparency.
- Replay Service: The call will be available for replay until February 17, 2026, allowing investors who cannot participate live to catch up on the discussion by dialing (855) 669-9658, thereby ensuring comprehensive communication of the meeting's content.
See More
