NASDAQ$RRR
Red Rock Resorts Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Red Rock Resorts' financial results for Q2 2023 were announced, with a decrease in net revenues and Adjusted EBITDA, but an increase in net income.
Red Rock Resorts reported a decrease in net revenues to $416.1 million, a rise in net income to $74.9 million, and a decrease in Adjusted EBITDA to $175.3 million for the second quarter of 2023.
- Net revenues decreased by 1.5% to $416.1 million compared to the same period in 2022.
- Net income increased by 130.9% to $74.9 million compared to the same period in 2022.
- Adjusted EBITDA decreased by 7.2% to $175.3 million compared to the same period in 2022.
- Las Vegas operations net revenues decreased by 1.8% to $412.6 million compared to the same period in 2022.
Headline financials
Revenue & EPS history
Red Rock Resorts · Revenue · Quarterly
$416M
Revenue by segment
Red Rock Resorts · $416M total across 4 segments · Q2 2023
- Casino$270M-4.0%64.8%
- Food and beverage$77.6M+5.2%18.7%
- Room$44.9M+1.4%10.8%
- Other$24.1M+3.4%5.8%
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.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
-0.1%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+1.5%
Avg return
30 days after
48%
20 / 42 earnings
Positive
+16.5%
Q1 2020
Best reaction
-11.6%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.2% | -5.6% | +4.1% | |
| Q4 2025 | -2.9% | -7.8% | -13.4% | |
| Q3 2025 | -11.6% | -8.7% | -1.1% | |
| Q1 2025 | +3.4% | +4.1% | +13.7% | |
| Q4 2024 | +1.3% | +3.7% | -11.5% | |
| Q3 2024 | -5.9% | -7.4% | -12.5% | |
| Q2 2024 | -4.5% | -2.1% | -7.1% | |
| Q1 2024 | -7.4% | -7.4% | -6.4% | |
| Q4 2023 | +5.2% | +7.6% | +4.1% | |
| Q3 2023 | +1.8% | +1.4% | +8.9% | |
| Q2 2023 | -5.5% | -8.1% | -6.8% | |
| Q1 2023 | +1.8% | -0.9% | -0.8% | |
| Q4 2022 | -0.9% | +0.1% | -6.0% | |
| Q3 2022 | +5.3% | +6.2% | +13.9% | |
| Q2 2022 | -0.7% | +3.6% | -5.6% | |
| Q1 2022 | -8.1% | -12.8% | -11.6% | |
| Q4 2021 | +2.7% | +7.8% | +4.3% | |
| Q3 2021 | -9.5% | -8.6% | -11.7% | |
| Q2 2021 | -1.1% | -3.6% | +14.5% | |
| Q1 2021 | +3.1% | +5.0% | +21.7% | |
| Q4 2020 | -0.3% | +2.7% | +24.1% | |
| Q3 2020 | -8.1% | -2.3% | +13.1% | |
| Q2 2020 | +7.1% | +19.1% | +47.6% | |
| Q1 2020 | +16.5% | +29.9% | +27.8% | |
| Q4 2019 | +10.8% | +6.6% | -33.4% | |
| Q3 2019 | -6.9% | -6.6% | -2.1% | |
| Q2 2019 | -7.5% | +0.2% | +11.5% | |
| Q1 2019 | -5.6% | -4.2% | -22.8% | |
| Q4 2018 | +4.3% | +6.2% | -1.9% | |
| Q3 2018 | +4.7% | -5.2% | -4.6% | |
| Q2 2018 | -1.2% | -3.0% | -5.4% | |
| Q1 2018 | +7.2% | +8.4% | +14.1% | |
| Q4 2017 | -3.0% | -5.9% | -15.2% | |
| Q3 2017 | +6.3% | +6.3% | +26.0% | |
| Q2 2017 | -4.4% | -7.9% | -5.3% | |
| Q1 2017 | -1.3% | -1.0% | +1.9% | |
| Q4 2016 | -4.8% | -2.8% | -0.1% | |
| Q3 2016 | +2.5% | +2.7% | +7.0% | |
| Q4 2015 | +4.6% | +3.5% | -4.4% | |
| Q2 2015 | +4.6% | +3.5% | -4.4% | |
| Q2 2016 | +4.6% | +3.5% | -4.4% | |
| Q1 2016 | +1.5% | +3.8% | +2.7% | |
| Q3 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — |
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