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Red Rock Resorts (RRR) Reports Q1 Earnings: What Key Metrics Have to Say

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Red Rock Resorts (RRR - Free Report) reported $507.32 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 1.9%. EPS of $0.73 for the same period compares to $0.80 a year ago.

The reported revenue represents a surprise of -0.54% over the Zacks Consensus Estimate of $510.05 million. With the consensus EPS estimate being $0.54, the EPS surprise was +35.92%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Red Rock Resorts performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Operating Revenues- Casino: $340.52 million compared to the $338.78 million average estimate based on four analysts. The reported number represents a change of +2.2% year over year.
  • Operating Revenues- Room: $45.51 million versus the four-analyst average estimate of $49.37 million. The reported number represents a year-over-year change of -9.3%.
  • Operating Revenues- Other: $26.22 million versus the four-analyst average estimate of $25.37 million. The reported number represents a year-over-year change of +4.2%.
  • Operating Revenues- Food and Beverage: $90.32 million versus the four-analyst average estimate of $92.5 million. The reported number represents a year-over-year change of +1.2%.
  • Net Revenue- Native American management: $4.74 million compared to the $3.17 million average estimate based on three analysts.
  • Net Revenue- Las Vegas operations: $499.52 million compared to the $506.4 million average estimate based on three analysts. The reported number represents a change of +0.9% year over year.
  • Net Revenue- Corporate and other: $3.06 million versus $2.98 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +5.2% change.
  • Adjusted EBITDA- Corporate and other: $-22.71 million versus $-20.9 million estimated by four analysts on average.
  • Adjusted EBITDA- Las Vegas operations: $232.42 million versus the four-analyst average estimate of $226.56 million.
  • Adjusted EBITDA- Native American management: $2.92 million compared to the $3 million average estimate based on two analysts.

View all Key Company Metrics for Red Rock Resorts here>>>

Shares of Red Rock Resorts have returned +4.1% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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