Red Rock Resorts announces Q3 earnings per share of 68 cents, surpassing consensus estimate of 39 cents.
- Q3 Revenue Report: The company reported a Q3 revenue of $465.6 million.
- Consensus Comparison: This figure fell short of the consensus estimate of $478.33 million.
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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.
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.
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.
Red Rock Resorts to Release Q4 and Full Year 2025 Financial Results on February 10, 2026
- Earnings Release Schedule: Red Rock Resorts will 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, aiding market assessments of the company's financial health.
- Conference Call Details: The company will hold a conference call on the same day at 4:30 PM ET, featuring prepared remarks and a Q&A session, with investors required to dial in by 4:15 PM ET to ensure timely access to the latest company updates.
- International Dial-in Support: For international investors, the company has provided a dedicated dial-in number, ensuring that global participants can join the earnings call, thereby enhancing information transparency and accessibility.
- Replay Service: The conference call replay will be available until February 17, 2026, allowing investors who could not participate live to access important information by dialing the specified number, ensuring comprehensive communication of key updates.
Upcoming Ex-Dividend Dates for Steven Madden, Red Rock Resorts, and Service Corp. International
Upcoming Ex-Dividend Dates: On 12/15/25, Steven Madden Ltd. (SHOO), Red Rock Resorts Inc (RRR), and Service Corp. International (SCI) will trade ex-dividend, with respective dividends of $0.21, $0.26, and $0.34 scheduled for payment on 12/26/25 and 12/31/25.
Expected Stock Price Adjustments: Following the ex-dividend date, SHOO is expected to open 0.48% lower, RRR by 0.45%, and SCI by 0.44%, based on their recent stock prices.
Dividend Yield Estimates: The estimated annualized yields for the companies are 1.92% for Steven Madden Ltd., 1.81% for Red Rock Resorts Inc, and 1.76% for Service Corp. International, reflecting their historical dividend stability.
Current Trading Performance: As of Thursday trading, shares of Steven Madden Ltd. are up 0.4%, Red Rock Resorts Inc. up 1.8%, and Service Corp. International up 0.1%.
Red Rock Resorts (RRR) Rises 12.5% Since Previous Earnings Report: Will the Momentum Persist?
Earnings Report Overview: Red Rock Resorts reported third-quarter 2025 earnings with adjusted EPS of 68 cents, exceeding estimates, while revenues of $475.6 million fell slightly short of expectations but showed a year-over-year increase.
Financial Performance: The company experienced a net income increase to $76.9 million and an adjusted EBITDA margin expansion to 40.1%, indicating improved operational efficiency.
Stock Performance and Estimates: Despite a 12.5% rise in shares over the past month, estimates for Red Rock Resorts have trended downward, leading to a Zacks Rank #3 (Hold) and a mixed score on growth and momentum.
Industry Context: In comparison, Boyd Gaming, a competitor in the gaming industry, reported a revenue increase and maintained a similar Zacks Rank, highlighting competitive dynamics within the sector.
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.
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.
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.
Red Rock Resorts to Release Q4 and Full Year 2025 Financial Results on February 10, 2026
- Earnings Release Schedule: Red Rock Resorts will 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, aiding market assessments of the company's financial health.
- Conference Call Details: The company will hold a conference call on the same day at 4:30 PM ET, featuring prepared remarks and a Q&A session, with investors required to dial in by 4:15 PM ET to ensure timely access to the latest company updates.
- International Dial-in Support: For international investors, the company has provided a dedicated dial-in number, ensuring that global participants can join the earnings call, thereby enhancing information transparency and accessibility.
- Replay Service: The conference call replay will be available until February 17, 2026, allowing investors who could not participate live to access important information by dialing the specified number, ensuring comprehensive communication of key updates.
Upcoming Ex-Dividend Dates for Steven Madden, Red Rock Resorts, and Service Corp. International
Upcoming Ex-Dividend Dates: On 12/15/25, Steven Madden Ltd. (SHOO), Red Rock Resorts Inc (RRR), and Service Corp. International (SCI) will trade ex-dividend, with respective dividends of $0.21, $0.26, and $0.34 scheduled for payment on 12/26/25 and 12/31/25.
Expected Stock Price Adjustments: Following the ex-dividend date, SHOO is expected to open 0.48% lower, RRR by 0.45%, and SCI by 0.44%, based on their recent stock prices.
Dividend Yield Estimates: The estimated annualized yields for the companies are 1.92% for Steven Madden Ltd., 1.81% for Red Rock Resorts Inc, and 1.76% for Service Corp. International, reflecting their historical dividend stability.
Current Trading Performance: As of Thursday trading, shares of Steven Madden Ltd. are up 0.4%, Red Rock Resorts Inc. up 1.8%, and Service Corp. International up 0.1%.
Red Rock Resorts (RRR) Rises 12.5% Since Previous Earnings Report: Will the Momentum Persist?
Earnings Report Overview: Red Rock Resorts reported third-quarter 2025 earnings with adjusted EPS of 68 cents, exceeding estimates, while revenues of $475.6 million fell slightly short of expectations but showed a year-over-year increase.
Financial Performance: The company experienced a net income increase to $76.9 million and an adjusted EBITDA margin expansion to 40.1%, indicating improved operational efficiency.
Stock Performance and Estimates: Despite a 12.5% rise in shares over the past month, estimates for Red Rock Resorts have trended downward, leading to a Zacks Rank #3 (Hold) and a mixed score on growth and momentum.
Industry Context: In comparison, Boyd Gaming, a competitor in the gaming industry, reported a revenue increase and maintained a similar Zacks Rank, highlighting competitive dynamics within the sector.
