Durango Casino & Resort drives record quarter for locals giant Red Rock [Yahoo! Finance]
Red Rock Resorts, Inc. - Class A (RRR)
Last red rock resorts, inc. - class a earnings: 2/4 04:03 pm
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Source: Yahoo! Finance
Adding more parking to the brand-new locals resort is a priority, and that should tell you all you need to know. Red Rock Resorts, the publicly traded entity of Station Casinos, reported a 12.9% increase in revenue and a 7.3% jump in Las Vegas earnings in the first quarter of 2024. It was the first full quarter with Durango in operation, and the best first quarter in the company's history. And company officials love what customers are telling them about their new resort. When investors asked Station Casinos CEO Frank Fertitta III why things are so good while some of their competitors struggled to keep pace, he said it's all about location. His brother, Red Rock Resorts director Lorenzo Fertitta, echoed that as he talked about plans stretching out for another decade for 441 acres they still own for future projects. “I don't think anyone is more bullish on Las Vegas than we are,” said Stephen L. Cootey, executive vice president, CFO and treasurer for Red Rock Resorts. Red Rock
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- Red Rock Resorts, Inc. (NASDAQ: RRR) was upgraded by analysts at Bank of America Co. from an "underperform" rating to a "neutral" rating. They now have a $55.00 price target on the stock, down previously from $57.00.MarketBeat
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Earnings
- 5/7/24 - Beat
RRR
Sec Filings
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- 5/15/24 - Form SC
- RRR's page on the SEC website