NASDAQ$RRR
Red Rock Resorts Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Red Rock Resorts reported an increase in net revenues and adjusted EBITDA for Q4 2023, but a decrease in net income compared to the same period in 2022.
Red Rock Resorts reported an increase in net revenues and Adjusted EBITDA for the fourth quarter of 2023. Net revenues increased by 8.8% to $462.7 million, and Adjusted EBITDA increased by 3.6% to $201.3 million. However, net income decreased by 36.0% to $108.9 million.
- Net revenues increased by 8.8% to $462.7 million.
- Net income decreased by 36.0% to $108.9 million.
- Adjusted EBITDA increased by 3.6% to $201.3 million.
- Las Vegas operations net revenues increased by 9.5% to $459.4 million.
Headline financials
Revenue & EPS history
Red Rock Resorts · Revenue · Quarterly
$463M
Revenue by segment
Red Rock Resorts · $412M total across 4 segments · Q3 2023
- Casino$273M-3.4%66.3%
- Food and beverage$72.8M+4.3%17.7%
- Room$42M+7.6%10.2%
- Other$24M+4.6%5.8%
Forward guidance
Red Rock Resorts' Board of Directors declared a cash dividend of $0.25 per Class A common share for the first quarter of 2024, payable on March 29, 2024. They also declared a special dividend of $1.00 per Class A common share, payable on March 4, 2024.
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 Q4 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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