Red Rock Resorts Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals

Las vegas , feb. 28, 2022 /prnewswire/ -- red rock resorts, inc. ("red rock resorts," "we" or the "company") (nasdaq: rrr) announced the appointment of scott kreeger to the position of president on february 28, 2022.  prior to this appointment, mr.

Las vegas, dec. 14, 2021 /prnewswire/ -- red rock resorts, inc. (the "company" or "rrr") (nasdaq: rrr) today announced final results of its "modified dutch auction" tender offer which expired at 12:00 midnight, new york city time, at the end of the day on december 9, 2021. based on the final count by american stock transfer & trust company, llc, the depositary for the tender offer (the "depositary"), a total of 6,884,858 shares of rrr's class a common stock, par value $0.01 per share (each, a "share"), were properly tendered and not properly withdrawn at or below a purchase price of $51.50 per share.

Las vegas, dec. 10, 2021 /prnewswire/ -- red rock resorts, inc. (the "company" or "rrr") (nasdaq: rrr) today announced preliminary results of its "modified dutch auction" tender offer which expired at 12:00 midnight, new york city time, at the end of the day on december 9, 2021. based on the preliminary count by american stock transfer & trust company, llc, the depositary for the tender offer (the "depositary"), a total of 6,921,149 shares of rrr's class a common stock, par value $0.01 per share (each, a "share"), were properly tendered and not properly withdrawn at or below a purchase price of $51.50 per share, including 1,992,710 shares that were tendered by notice of guaranteed delivery.

Las vegas, nov. 10, 2021 /prnewswire/ -- station casinos llc (the "company"), a consolidated subsidiary of red rock resorts, inc. (nasdaq: rrr), announced today it priced an offering of $500 million in aggregate principal amount of senior notes due 2031 (the "notes") at an interest rate of 4.625% per annum and an issue price equal to 100% of the principal amount of the notes  the offering is expected to close on or about november 26, 2021, subject to customary closing conditions. the company intends to use the net proceeds of the offering, together with borrowings under the company's revolving credit facility, (i) to make a distribution of approximately $344 million to holders of the company's outstanding limited liability company interests, including the company's parent, red rock resorts, inc...

Las vegas, nov. 10, 2021 /prnewswire/ -- red rock resorts, inc. (the "company" or "rrr") (nasdaq: rrr) today announced that it commenced a "modified dutch auction" tender offer to purchase up to $350,000,000 in aggregate purchase price of its issued and outstanding shares of class a common stock, par value $0.01 per share (each, a "share," and collectively, the "shares"), or such lesser aggregate purchase price of shares as are properly tendered and not properly withdrawn, at a price not greater than $53.00 nor less than $46.00 per share to the seller in cash, less any applicable withholding taxes and without interest. the tender offer is being made in accordance with the terms and subject to the conditions described in the offer to purchase, the related letter of transmittal and other related materials, as each may be amended or supplemented from time to time.

Red Rock Resorts' (RRR) is optimistic about Las Vegas operations backed by a favorable supply-demand dynamics and a solid organic development pipeline. However, inflationary pressures are a headwind.

Gambling revenues continued to rise on the Las Vegas Strip by 11.62% year-on-year (YoY), reaching $731.5 million. Tourist-dominated markets were.

Red Rock Resorts (RRR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Casino stocks have underperformed the S&P 500 as consumers grapple with the highest inflation rates since the early 1980s.

Red Rock Resorts' (RRR) focus on business optimization and cost-reduction measures bode well. However, inflationary pressures are a headwind.

Red Rock Resorts (RRR) first-quarter 2022 results benefit from strong spending per visit across its portfolio.

Red Rock Resorts, Inc. (NASDAQ:RRR ) Q1 2022 Results Conference Call May 3, 2022 4:30 PM ET Company Participants Frank Fertitta - Chief Executive Officer Stephen Cootey - Executive Vice President, Chief Financial Officer Conference Call Participants Joseph Greff - JPMorgan Chase Carlo Santarelli - Deutsche Bank Shaun Kelley - BofA Securities Stephen Grambling - Goldman Sachs Group Steven Wieczynski - Stifel, Nicolaus & Company Chad Beynon - Macquarie Research Barry Jonas - Truist Securities Daniel Politzer - Wells Fargo Securities Operator Good afternoon, and welcome to Red Rock Resorts' First Quarter 2022 Conference Call. [Operator Instructions] Please note, this conference is being recorded.

Red Rock Resorts (RRR) delivered earnings and revenue surprises of 45.28% and 1.02%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

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LAS VEGAS , April 5, 2022 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the first quarter 2022 on Tuesday, May 3, 2022 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m.