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RRR|EPS -$0.17 vs $0.44 est (-138.6%)|Rev $488.7M vs $477.9M est (+2.3%)|Net Loss $17.7MRed Rock Resorts, Inc. reported a loss per share of $0.17 for Q3 2026, falling well short of the $0.44 consensus estimate from 11 analysts. The casino operator, which develops and manages gaming and entertainment properties through its interest in Station Casinos LLC, posted a net loss of $17.7M for the period despite revenue growth across its portfolio.
Revenue climbed 2.8% year-over-year to $488.7M from $475.6M in the same period last year, topping Wall Street’s forecast of $477.9M by 2.3%. The company’s casino segment led performance with $323.9M in revenue, up 1.4% from the prior year. Red Rock also reported adjusted EBITDA of $183 for the quarter.
The results reflect ongoing challenges in the regional gaming market even as the Las Vegas-area casino operator managed to grow its top line. The loss came despite the revenue beat, suggesting margin pressures or elevated expenses during the period.
Analyst sentiment remains predominantly positive, with Wall Street consensus showing 15 buy ratings, 3 hold ratings, and no sell recommendations on the stock. The company’s network of properties continues to serve Las Vegas locals and visitors across its entertainment portfolio.
A detailed analysis of Red Rock Resorts, Inc.’s quarter follows shortly on AlphaStreet.
This content is for informational purposes only and should not be considered investment advice. AlphaStreet Intelligence analyzes financial data using AI to deliver fast and accurate market information. Human editors verify content.
AlphaStreet Newsdesk powered by AlphaStreet Intelligence
RRR|EPS -$0.17 vs $0.44 est (-138.6%)|Rev $488.7M vs $477.9M est (+2.3%)|Net Loss $17.7MRed Rock Resorts, Inc. reported a loss per share of $0.17 for Q3 2026, falling well short of the $0.44 consensus estimate from 11 analysts. The casino operator, which develops and manages gaming and entertainment properties through its interest in Station Casinos LLC, posted a net loss of $17.7M for the period despite revenue growth across its portfolio.
Revenue climbed 2.8% year-over-year to $488.7M from $475.6M in the same period last year, topping Wall Street’s forecast of $477.9M by 2.3%. The company’s casino segment led performance with $323.9M in revenue, up 1.4% from the prior year. Red Rock also reported adjusted EBITDA of $183 for the quarter.
The results reflect ongoing challenges in the regional gaming market even as the Las Vegas-area casino operator managed to grow its top line. The loss came despite the revenue beat, suggesting margin pressures or elevated expenses during the period.
Analyst sentiment remains predominantly positive, with Wall Street consensus showing 15 buy ratings, 3 hold ratings, and no sell recommendations on the stock. The company’s network of properties continues to serve Las Vegas locals and visitors across its entertainment portfolio.
A detailed analysis of Red Rock Resorts, Inc.’s quarter follows shortly on AlphaStreet.
This content is for informational purposes only and should not be considered investment advice. AlphaStreet Intelligence analyzes financial data using AI to deliver fast and accurate market information. Human editors verify content.
