Red Rock Resorts (RRR) Releases Earnings Results, Misses Expectations By $-0.33 EPS

Red Rock Resorts (RRR) reported quarterly earnings results on Monday, Aug-15-2016. The company reported $0.01 earnings per share for the quarter, missing the analyst consensus estimate by $-0.33. Analysts had a consensus of $0.34. The company posted revenue of $351.50 million in the period, compared to analysts expectations of $350.07 million. The company’s revenue was up 4.1% compared to the same quarter last year.

Many Wall Street Analysts have commented on Red Rock Resorts. Red Rock Resorts was Initiated by Citigroup to “Buy” on May 24, 2016. Stifel Initiated Red Rock Resorts on May 23, 2016 to “Buy”, Price Target of the shares are set at $25.JP Morgan Initiated Red Rock Resorts on May 23, 2016 to “Overweight”, Price Target of the shares are set at $25.

Red Rock Resorts

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