Red Rock Resorts Q4 2023 GAAP EPS $0.95 Beats $0.57 Estimate, Sales $462.71M Beat $439.64M Estimate
Portfolio Pulse from Benzinga Newsdesk
Red Rock Resorts (NASDAQ:RRR) reported Q4 2023 earnings of $0.95 per share, surpassing the $0.57 estimate by 66.67%. Quarterly sales reached $462.71M, exceeding the $439.64M estimate by 5.25% and marking an 8.75% increase from the previous year.
February 07, 2024 | 9:03 pm
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POSITIVE IMPACT
Red Rock Resorts reported a significant earnings and sales beat for Q4 2023, with EPS of $0.95 and sales of $462.71M, surpassing estimates.
The substantial beat on both earnings per share and sales estimates for Q4 2023 indicates a strong financial performance by Red Rock Resorts, which is likely to be viewed positively by investors. This could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100