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Jun 30, 2021
Red Rock Resorts Q2 2021 Earnings Report
Red Rock Resorts reported an increase in revenue and net income for Q2 2021, driven by strong performance in Las Vegas operations, despite some properties remaining closed.
Key Takeaways
Red Rock Resorts announced strong second-quarter results, with net revenues reaching $428.2 million and net income at $143.4 million. Adjusted EBITDA was $210.2 million. The results were significantly improved compared to the same period in 2020, which was heavily impacted by property closures due to the COVID-19 pandemic.
Net revenues increased by 295% compared to Q2 2020, reaching $428.2 million.
Net income improved by $261.8 million compared to Q2 2020, resulting in a net income of $143.4 million.
Adjusted EBITDA increased by $227.4 million compared to Q2 2020, totaling $210.2 million.
Las Vegas operations net revenues increased by 322% compared to Q2 2020, amounting to $426.4 million.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The company did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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