Red Rock Resorts Announces First Quarter 2020 Results
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SunTrust Reiterates Buy Rating on Red Rock Resorts (RRR) Following 1Q
May 20, 2020 7:14 AM EDTSunTrust analyst Neal Dingmann reiterated a Buy rating and $14.00 price target on Red Rock Resorts (NASDAQ: RRR) following the company's 1Q report. RRR reported a Q1 EBITDA miss. Cited run-rate cost cuts were more pronounced than what had been modeled, with an implied >36 month zero... More
Red Rock Resorts (RRR) Suspends Dividend for Rest of Year
May 19, 2020 5:48 PM EDTWith earnings, Red Rock Resorts (NASDAQ: RRR) said its Board of Directors has suspended the quarterly dividend for the remainder of 2020.
... MoreRed Rock Resorts (RRR) Misses Q1 EPS by $2.36, Revenues Miss
May 19, 2020 4:03 PM EDTRed Rock Resorts (NASDAQ: RRR) reported Q1 EPS of ($2.18), $2.36 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $377.4 million versus the consensus estimate of $429.3 million.
First Quarter Results:
Net revenues were $377.4 million for the first quarter of 2020, a decrease of 15.6%, or $69.6 million, from $447.0... More