earnings
confidence high
sentiment neutral
materiality 0.50
Red Rock Resorts Q4 net income falls 14.9% to $170.2M; revenue up 0.7%
Red Rock Resorts, Inc.
2022-FY EPS reported
$3.36
revenue$1,663,786,000
- Q4 net revenues $425.5M (+0.7% YoY); net income $170.2M (-14.9% YoY); Adjusted EBITDA $194.4M (+2.5% YoY).
- Las Vegas operations Q4 net revenues $419.6M (-0.2%); Adjusted EBITDA $206.9M (-0.9%).
- FY2022 net revenues $1.66B (+2.8%); net income $390.4M (+10.0%); Adjusted EBITDA $743.9M (+0.4%).
- Board declares $0.25/share dividend for Q1 2023, payable March 31, 2023 to holders of record March 15.
- Cash and equivalents $117.3M; total debt $3.0B at Dec 31, 2022.