Red Rock Resorts (RRR) Reports Q1 Earnings: What Key Metrics Have to Say

Zacks
02 May

For the quarter ended March 2025, Red Rock Resorts (RRR) reported revenue of $497.86 million, up 1.8% over the same period last year. EPS came in at $0.80, compared to $0.68 in the year-ago quarter.

The reported revenue represents a surprise of +0.82% over the Zacks Consensus Estimate of $493.82 million. With the consensus EPS estimate being $0.47, the EPS surprise was +70.21%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Red Rock Resorts performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Operating Revenues- Casino: $333.25 million compared to the $320.70 million average estimate based on four analysts. The reported number represents a change of +5.2% year over year.
  • Operating Revenues- Room: $50.17 million versus the four-analyst average estimate of $54.99 million. The reported number represents a year-over-year change of -5.1%.
  • Operating Revenues- Food and Beverage: $89.27 million versus $91.49 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -4.3% change.
  • Operating Revenues- Other: $25.17 million compared to the $26.27 million average estimate based on four analysts. The reported number represents a change of -2.7% year over year.
  • Net Revenue- Las Vegas operations: $494.95 million compared to the $489.69 million average estimate based on three analysts. The reported number represents a change of +1.9% year over year.
  • Net Revenue- Corporate and other: $2.91 million versus the two-analyst average estimate of $3.20 million. The reported number represents a year-over-year change of -12.7%.
  • Adjusted EBITDA- Las Vegas Operations: $235.90 million versus the five-analyst average estimate of $217.26 million.
  • Adjusted EBITDA- Corporate and other: -$20.82 million compared to the -$20.35 million average estimate based on five analysts.
View all Key Company Metrics for Red Rock Resorts here>>>

Shares of Red Rock Resorts have returned -0.9% over the past month versus the Zacks S&P 500 composite's -0.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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