earnings
confidence high
sentiment negative
materiality 0.70
Red Rock Resorts Q3 net income down 28% to $68.4M; Adj. EBITDA down 3.7%
Red Rock Resorts, Inc.
2023-Q3 EPS reported
$1.99
revenue$1,261,372,000
- Net revenues $411.6M (-0.7% YoY); net income $68.4M (-28.3% from $95.5M).
- Adjusted EBITDA $175.2M (-3.7% YoY); Las Vegas ops Adj. EBITDA $191.4M (-4.3% YoY).
- Cash and equivalents $122.8M; total principal debt $3.3B as of Sept 30, 2023.
- Quarterly dividend of $0.25/share declared, payable Dec 29, 2023 to holders of record Dec 15.