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Red Rock Resorts (NASDAQ:RRR) Announces Earnings Results
['Michael Walen']
Markets Daily
Red Rock Resorts (NASDAQ:RRR – Get Free Report) posted its earnings results on Tuesday.
Here are the key takeaways from Red Rock Resorts’ conference call:Get Red Rock Resorts alerts:Second-quarter results declined year over year: Las Vegas net revenue fell 2% to $503.2 million and adjusted EBITDA fell 5% to $227.5 million, while consolidated EBITDA declined 9.3% to $208 million.
Red Rock Resorts Dividend AnnouncementHedge Funds Weigh In On Red Rock ResortsThe company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th.
Stifel Nicolaus set a $70.00 target price on Red Rock Resorts in a research note on Friday, May 29th.
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