Red Rock Resorts (RRR) Suspends Dividend for Rest of Year

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Go back to Red Rock Resorts (RRR) Suspends Dividend for Rest of Year

SunTrust Reiterates Buy Rating on Red Rock Resorts (RRR) Following 1Q

May 20, 2020 7:14 AM EDT

SunTrust 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) Misses Q1 EPS by $2.36, Revenues Miss

May 19, 2020 4:03 PM EDT

Red 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