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

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Red Rock Resorts (RRR) PT Lowered to $13 at Stifel

May 20, 2020 6:07 AM EDT

Stifel analyst Steven Wieczynski lowered the price target on Red Rock Resorts (NASDAQ: RRR) to $13.00 (from $28.00) while maintaining a Hold rating.... More

Red Rock Resorts (RRR) PT Lowered to $14 at Nomura/Instinet

May 20, 2020 4:58 AM EDT

Nomura/Instinet analyst Harry Curtis lowered the price target on Red Rock Resorts (NASDAQ: RRR) to $14.00 (from $30.00) while maintaining a Buy rating.... More

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

May 19, 2020 5:48 PM EDT

With earnings, Red Rock Resorts (NASDAQ: RRR) said its Board of Directors has suspended the quarterly dividend for the remainder of 2020.

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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