earnings
confidence high
sentiment negative
materiality 0.75
Red Rock Resorts Q2 net income falls to $32.4M; EBITDA down 10% YoY
Red Rock Resorts, Inc.
2022-Q2 EPS reported
$1.04
revenue$823,877,000
- Net revenues $422.2M (-1% YoY); net income $32.4M (-77% from $143.4M).
- Adjusted EBITDA $188.9M (-10% YoY).
- Las Vegas ops net rev $420.1M (-1%); segment EBITDA $203.9M (-8%).
- Declares $0.25/share dividend payable Sept 30, 2022, record Sept 15.
- Cash $256.3M; total debt $2.88B.