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Sep 30, 2022
Red Rock Resorts Q3 2022 Earnings Report
Red Rock Resorts' financial performance remained relatively stable, with slight decreases in net income and Adjusted EBITDA for Q3 2022.
Key Takeaways
Red Rock Resorts reported net revenues of $414.4 million, effectively flat compared to the same period in 2021. Net income decreased to $95.5 million, and Adjusted EBITDA was $181.9 million, a slight decrease of 1.4% year-over-year. The company's cash and cash equivalents were $101.1 million.
Net revenues were $414.4 million, effectively flat compared to Q3 2021.
Net income decreased to $95.5 million from $117.9 million in the same period of 2021.
Adjusted EBITDA was $181.9 million, a 1.4% decrease from $184.5 million in Q3 2021.
Cash and cash equivalents were $101.1 million at the end of the quarter.
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
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Historical Earnings Impact
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Avg. Return Before/After Earnings
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