earnings
confidence high
sentiment neutral
materiality 0.65
Red Rock Resorts Q1 revenue up 12.7% to $488.9M, net income down 8.4%
Red Rock Resorts, Inc.
2024-Q1 EPS reported
$0.68
revenue$488,897,000
- Net revenues $488.9M (+12.7% YoY); net income $78.4M (-8.4% YoY).
- Adjusted EBITDA $209.1M (+7.7% YoY); Las Vegas ops Adjusted EBITDA $229.8M (+7.3%).
- Board declares $0.25/share quarterly dividend, payable June 28, 2024 to holders of record June 14, 2024.
- Cash and equivalents $129.7M; total debt $3.5B at quarter end.