Loading...
•
Mar 31, 2022
Red Rock Resorts Q1 2022 Earnings Report
Red Rock Resorts reported an increase in net revenues and net income for the first quarter of 2022.
Key Takeaways
Red Rock Resorts reported a strong first quarter in 2022, with net revenues increasing by 14% to $401.6 million and net income reaching $92.2 million, a significant improvement from the net loss in the same period of 2021. Adjusted EBITDA also increased by 14% to $178.7 million.
Net revenues increased by 14% to $401.6 million compared to the same period in 2021.
Net income was $92.2 million, a substantial increase from a net loss of $106.6 million in the first quarter of 2021.
Adjusted EBITDA increased by 14% to $178.7 million.
Las Vegas operations saw a 17% increase in net revenues, reaching $399.7 million.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include, without limitation, statements regarding our expectations, hopes or intentions regarding the future.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...