earnings
confidence high
sentiment positive
materiality 0.75
Red Rock Resorts Q3 2021: Net revenue up 17% to $414.8M; net income up 64%
Red Rock Resorts, Inc.
2021-Q3 EPS reported
$1.21
revenue$1,195,545,000
- Net revenues of $414.8M, up 17% YoY; net income of $117.9M, up 64% YoY.
- Adjusted EBITDA of $184.5M, up 15% YoY.
- Las Vegas operations Adjusted EBITDA of $197.9M, up 40% YoY.
- Board increased share repurchase authorization from $150M to $300M; over $173M capacity.
- Cash and cash equivalents $89.9M; total debt outstanding $2.68B.