Red Rock Resorts (RRR) Misses Q4 EPS by 19c, Revenues Miss

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Go back to Red Rock Resorts (RRR) Misses Q4 EPS by 19c, Revenues Miss

Red Rock Resorts Announces Fourth Quarter and Year End 2019 Results

February 4, 2020 4:03 PM EST

LAS VEGAS, Feb. 4, 2020 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the fourth quarter and year ended December 31, 2019.

Net revenues were $460.8 million for the fourth quarter of 2019, an increase of 6.8%, or $29.3 million, from $431.5 million for 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 income was $6.8 million for the fourth quarter of... More