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Sep 30, 2021
Red Rock Resorts Q3 2021 Earnings Report
Red Rock Resorts reported an increase in net revenues and net income for the third quarter of 2021.
Key Takeaways
Red Rock Resorts announced its Q3 2021 financial results, with net revenues of $414.8 million, a 17% increase from Q3 2020. Net income rose to $117.9 million, a 64% increase compared to the same period last year. Adjusted EBITDA was $184.5 million, up 15% from Q3 2020. The company's Las Vegas operations saw a 29% increase in net revenues, reaching $412.7 million.
Net revenues increased by 17% to $414.8 million compared to Q3 2020.
Net income increased by 64% to $117.9 million compared to Q3 2020.
Adjusted EBITDA increased by 15% to $184.5 million compared to Q3 2020.
Las Vegas operations net revenues increased by 29% to $412.7 million compared to Q3 2020.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Red Rock Resorts 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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