Red Rock Resorts (RRR) to Announce Quarterly Earnings on Tuesday

Red Rock Resorts (NASDAQ:RRR) is projected to release its Q2 2026 results after the market closes on Tuesday, August 4th. Analysts expect the company to announce earnings of $0.5060 per share and revenue of $500.0760 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 4:30 PM ET.

Red Rock Resorts (NASDAQ:RRR) last announced its earnings results on Wednesday, April 29th. The company reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.17). The company had revenue of $507.32 million for the quarter, compared to the consensus estimate of $505.63 million. Red Rock Resorts had a net margin of 9.21% and a return on equity of 61.67%. The firm’s revenue was up 1.9% compared to the same quarter last year. During the same period last year, the business posted $0.75 EPS. On average, analysts expect Red Rock Resorts to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Red Rock Resorts Trading Down 0.8%

RRR opened at $64.44 on Friday. The firm has a market cap of $6.77 billion, a price-to-earnings ratio of 20.72, a PEG ratio of 4.73 and a beta of 1.35. The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of 14.42. Red Rock Resorts has a 12 month low of $50.52 and a 12 month high of $68.99. The stock has a fifty day moving average price of $62.34 and a 200-day moving average price of $59.82.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on RRR. Jefferies Financial Group reiterated a “buy” rating on shares of Red Rock Resorts in a research note on Thursday, July 2nd. Stifel Nicolaus set a $70.00 price target on shares of Red Rock Resorts in a research report on Friday, May 29th. Benchmark raised their price target on shares of Red Rock Resorts from $63.00 to $78.00 and gave the company a “buy” rating in a report on Tuesday, July 21st. Wells Fargo & Company upgraded shares of Red Rock Resorts from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $55.00 to $75.00 in a report on Tuesday, July 14th. Finally, Barclays lifted their price objective on shares of Red Rock Resorts from $65.00 to $72.00 and gave the stock an “overweight” rating in a research report on Thursday, July 9th. Fourteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.24.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. grew its stake in shares of Red Rock Resorts by 7.0% during the second quarter. Raymond James Financial Inc. now owns 7,387 shares of the company’s stock worth $384,000 after acquiring an additional 481 shares during the last quarter. Prudential Financial Inc. purchased a new position in shares of Red Rock Resorts in the 2nd quarter valued at approximately $346,000. Bank of Montreal Can purchased a new position in shares of Red Rock Resorts in the 4th quarter valued at approximately $339,000. CIBC Bancorp USA Inc. acquired a new stake in Red Rock Resorts in the 3rd quarter worth approximately $318,000. Finally, Bridgewater Associates LP acquired a new stake in Red Rock Resorts in the 4th quarter worth approximately $318,000. 47.84% of the stock is owned by institutional investors and hedge funds.

About Red Rock Resorts

Red Rock Resorts, Inc (NASDAQ: RRR) is a publicly traded gaming and hospitality company headquartered in Summerlin, Nevada. The company owns and operates a diversified portfolio of full-service casino resorts and neighborhood gaming properties in the Las Vegas valley. Its core business activities include resort hotel accommodations, casino gaming, food and beverage operations, entertainment and convention services designed to meet the needs of both leisure and business travelers.

The company’s flagship resort, Red Rock Casino Resort & Spa, features a full range of table games, slot machines, a luxury spa, convention space, multiple signature restaurants and live entertainment venues.