Red Rock Resorts: Fourth Quarter Earnings Overview
Red Rock Resorts Surpasses Earnings Expectations in Fourth Quarter
Red Rock Resorts, Inc., headquartered in Las Vegas, announced a net profit of $44.7 million for the fourth quarter.
The company reported earnings of $0.75 per share, outperforming the consensus estimate of $0.41 per share from analysts polled by Zacks Investment Research.
Quarterly revenue reached $511.8 million, exceeding the average projection of $501.4 million from six analysts surveyed by Zacks.
For the full year, Red Rock Resorts achieved a total profit of $188.1 million, translating to $3.12 per share, with annual revenue amounting to $2.01 billion.
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