Red Rock Resorts (RRR) Misses Q3 EPS by 37c

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Go back to Red Rock Resorts (RRR) Misses Q3 EPS by 37c

Red Rock Resorts Announces Third Quarter 2019 Results

November 5, 2019 4:02 PM EST

LAS VEGAS, Nov. 5, 2019 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) today reported financial results for the third quarter ended September 30, 2019.  

Net revenues were $465.9 million for the third quarter of 2019, an increase of 13.0%, or $53.6 million, from $412.3 million in the same period of 2018. The increase in net revenues was primarily due to an increase in Las Vegas operations, led by an increase in net revenues at the Palms Casino Resort (the "Palms").

Net loss was $26.8 million for the third quarter of 2019, a... More