Red Rock Resorts: Q2 Earnings Snapshot

August 9, 2022 GMT

LAS VEGAS (AP) _ Red Rock Resorts, Inc. (RRR) on Tuesday reported second-quarter earnings of $15.7 million.

On a per-share basis, the Las Vegas-based company said it had net income of 26 cents. Earnings, adjusted for asset impairment costs, were $1.27 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.

The company posted revenue of $422.2 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $401.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RRR at https://www.zacks.com/ap/RRR