Red Rock Resorts

RRR

Market cap $3.41B

On May 28, 2026, Caesars Entertainment (NASDAQ: CZR | CZR Price Prediction) announced a definitive agreement to be acquired by Fertitta Entertainment.

Red Rock Resorts (RRR) reported earnings 30 days ago. What's next for the stock?

Investors interested in stocks from the Gaming sector have probably already heard of Churchill Downs (CHDN) and Red Rock Resorts (RRR). But which of these two stocks is more attractive to value investors?

Red Rock Resorts dominates the Las Vegas locals' gaming market with eighteen outlets and seven major resorts. RRR reported Q1 2026 revenue of $507M (+2% yoy) and adjusted EBITDA of $213M (-1% yoy), with margins pressured by property renovations. Renovations at Durango and Green Valley Ranch are causing short-term EBITDA and margin declines but are expected to drive future growth.

Exploration and production company Magnolia Oil & Gas saw shares rise as the sharp increase in oil prices drove a broad rally across US-based oil producers. Red Rock Resorts' fundamentals remained solid, though the stock faced pressure in Q1 as investors linked gaming demand to discretionary spending trends. Recent Knowles' strategic initiatives have reshaped the portfolio toward higher-margin, mission-critical end markets with more durable demand drivers.

Red Rock Resorts, Inc. (RRR) Q1 2026 Earnings Call Transcript

While the top- and bottom-line numbers for Red Rock Resorts (RRR) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Red Rock Resorts (RRR) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.8 per share a year ago.

LAS VEGAS, April 29, 2026 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the first quarter ended March 31, 2026. First Quarter Results Consolidated Operations Net revenues were $507.3 million for the first quarter of 2026, an increase of 1.9%, or $9.4 million, from $497.9 million in the same period of 2025.

Red Rock Resorts (RRR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.