Welcome to our dedicated page for Red Rock Resorts news (Ticker: RRR), a resource for investors and traders seeking the latest updates and insights on Red Rock Resorts stock.
Red Rock Resorts, Inc. (NASDAQ: RRR) is a holding company tied to Station Casinos LLC, which operates regional casino, hotel and entertainment properties throughout the Las Vegas valley. The Red Rock Resorts news feed on this page highlights the company’s official announcements, financial updates and other material developments that can influence how investors and observers understand RRR stock and its underlying business.
News coverage for Red Rock Resorts frequently includes quarterly and annual earnings releases, where the company reports net revenues, net income, segment performance for Las Vegas operations and Native American activities, and non-GAAP measures such as Adjusted EBITDA. These releases often discuss revenue contributions from casino, food and beverage, room, development fees and other categories, as well as commentary on operating trends.
Investors can also expect conference call and earnings release date announcements, which provide details on upcoming calls, passcodes and webcast availability. These items indicate when management will discuss results and answer questions about the company’s performance and outlook.
Additional news items may describe dividend declarations on the company’s Class A common shares, special dividends, and actions related to capital allocation such as share repurchase authorizations. Disclosures from other companies, such as VICI Properties Inc., may reference partnerships or development arrangements in which affiliates of Red Rock Resorts are involved, including Native American gaming development and management projects.
By following this RRR news page, readers can review a chronological record of Red Rock Resorts’ earnings reports, conference call notices, dividend announcements and related third-party disclosures that mention the company’s role in gaming, hospitality and entertainment.
Red Rock Resorts (NASDAQ: RRR) reported its Q4 and full-year 2024 financial results. For Q4 2024, net revenues increased 7.1% to $495.7 million, while net income decreased 19.5% to $87.7 million. Adjusted EBITDA showed a slight increase of 0.5% to $202.4 million.
For the full year 2024, net revenues grew 12.5% to $1.94 billion, though net income declined 13.8% to $291.3 million. The company's Las Vegas operations performed well, with revenues increasing 12.6% to $1.93 billion and Adjusted EBITDA rising 7.4% to $879.4 million.
The company declared a quarterly dividend of $0.25 per Class A common share, payable on March 31, 2025. As of December 31, 2024, the company had $164.4 million in cash and cash equivalents, with total debt of $3.4 billion.
Red Rock Resorts (NASDAQ: RRR) has announced it will release its fourth quarter and full year 2024 financial results on Tuesday, February 11, 2025. The company will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m. PT).
Participants can join the conference call by dialing (888) 317-6003 (US) or (412) 317-6061 (International) using passcode 5313857. The call will include prepared remarks and a Q&A session. A live audio webcast will be available on the company's website.
A replay will be accessible through February 18, 2025, via phone at (877) 344-7529 (US) or (412) 317-0088 (International) using conference ID 9448428, and through the company's website.
Baron Capital hosted its 31st Annual Baron Investment Conference at the Metropolitan Opera House, attracting over 5,000 shareholders and clients. The event featured presentations from CEOs of key portfolio companies, including MSCI, Verisk Analytics, Red Rock Resorts, and SpaceX. The conference theme was 'building legacy,' focusing on investments that enable middle-class Americans to participate in the country's growth. The event included entertainment performances by Michael Bublé, Carrie Underwood, and others, plus Tesla Model S vehicles as door prizes and displays of Tesla's Optimus robot.
Red Rock Resorts (NASDAQ: RRR) reported its Q3 2024 financial results with net revenues of $468.0 million, up 13.7% year-over-year. However, net income decreased 19.0% to $55.4 million. Las Vegas operations showed strong performance with revenues of $464.7 million, a 13.9% increase, and Adjusted EBITDA of $202.6 million, up 5.8%. The company declared a quarterly dividend of $0.25 per Class A share, payable December 31, 2024. The company's cash position stood at $117.5 million with total debt of $3.5 billion.
Red Rock Resorts (NASDAQ: RRR) has rescheduled its third quarter 2024 financial results release to Thursday, November 7, 2024. The company will host a conference call on the same day at 6:00 p.m. ET (3:00 p.m. PT), canceling the previously scheduled call for November 6. The call will include prepared remarks and a Q&A session. Participants can dial (888) 317-6003 (US) or (412) 317-6061 (international) using passcode 4490276. A live webcast and replay will be available on the company's website until November 14, 2024.
Red Rock Resorts, Inc. (NASDAQ: RRR) has announced the date for its third quarter 2024 financial results release and conference call. The company will release its financial results on Wednesday, November 6, 2024, followed by a conference call on the same day at 4:30 p.m. ET (1:30 p.m. PT).
To participate in the conference call, listeners can dial (888) 317-6003 (US) or (412) 317-6061 (international) using the passcode: 4490276. A live audio webcast will also be available on the company's website. A replay of the call will be accessible through November 13, 2024, by dialing (877) 344-7529 (US) or (412) 317-0088 (international) with the conference ID: 6514295.
Red Rock Resorts (NASDAQ: RRR) reported its Q2 2024 financial results, showing mixed performance. Net revenues increased 16.9% to $486.4 million, while net income decreased 6.8% to $69.8 million compared to Q2 2023. Adjusted EBITDA rose 15.0% to $201.7 million.
Las Vegas operations saw significant growth, with net revenues up 17.1% to $483.2 million and Adjusted EBITDA increasing 15.6% to $223.1 million. The company's cash and cash equivalents stood at $136.4 million, with a total debt of $3.5 billion.
The Board declared a quarterly dividend of $0.25 per Class A common share, payable on September 30, 2024. A conference call to discuss the results is scheduled for today at 4:30 p.m. Eastern Time.
Red Rock Resorts (NASDAQ: RRR) announced a revised date for its second-quarter 2024 earnings release and conference call. The new date is July 23, 2024, replacing the previously scheduled July 30, 2024. The earnings release will occur before the market opens, followed by a conference call at 4:30 p.m. ET. The call will feature prepared remarks and a Q&A session. Investors can dial in using the provided numbers and passcode, or listen via a live webcast on the company's website. A replay of the call will be available through August 6, 2024, both via phone and online.
Red Rock Resorts (NASDAQ: RRR) will announce its second-quarter 2024 financial results on July 30, 2024.
Following the release, the company will hold a conference call at 4:30 p.m. ET (1:30 p.m. PT), which will include prepared remarks and a Q&A session.
To participate, dial (888) 317-6003 with passcode 8857354 by 4:15 p.m. ET (1:15 p.m. PT). International participants can call (412) 317-6061.
The call will be webcast live at www.redrockresorts.com, and a replay will be available through August 6, 2024, by dialing (877) 344-7529 or (412) 317-0088 with conference ID 1487116. An audio archive will also be accessible on the company's website.
Red Rock Resorts announced its first quarter 2024 financial results, with net revenues of $488.9 million, a 12.7% increase from the same period in 2023. Despite a 8.4% decrease in net income to $78.4 million, adjusted EBITDA rose by 7.7% to $209.1 million. Las Vegas operations saw a 12.9% revenue increase to $485.6 million and a 7.3% rise in adjusted EBITDA to $229.8 million. The company reported $129.7 million in cash and cash equivalents and a total debt outstanding of $3.5 billion as of March 31, 2024. Additionally, a dividend of $0.25 per Class A common share was declared for the second quarter of 2024.