Red Rock Resorts (NASDAQ:RRR) reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Red Rock Resorts missed estimated earnings by 51.85%, reporting an EPS of $0.26 versus an estimate of $0.54.
Revenue was down $5.92 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 7.52% drop in the share price the next day.
Here’s a look at Red Rock Resorts’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.66 | 0.53 | 0.81 | 0.36 |
| EPS Actual | 0.77 | 1.66 | 0.93 | 1.12 |
| Revenue Estimate | 405.40M | 411.08M | 416.10M | 368.13M |
| Revenue Actual | 401.64M | 422.35M | 414.77M | 428.16M |
To track all earnings releases for Red Rock Resorts visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
