Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
Over the past six months, Red Rock Resorts’s stock price fell to $44.87. Shareholders have lost 18% of their capital, disappointing when considering the S&P 500 was flat. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Red Rock Resorts (NASDAQ:RRR) and the best and worst performers in the casino operator industry.
Casino resort and entertainment company Red Rock Resorts (NASDAQ:RRR) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 7.1% year on year to $495.7 million. Its GAAP profit of $0.76 per share was 58.7% above analysts’ consensus estimates.
Casino resort and entertainment company Red Rock Resorts (NASDAQ:RRR)
will be reporting results tomorrow after the bell. Here’s what investors should know.
Red Rock Resorts’s stock price has taken a beating over the past six months, shedding 21.6% of its value and falling to $47.59 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the casino operator industry, including Red Rock Resorts (NASDAQ:RRR) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at casino operator stocks, starting with Caesars Entertainment (NASDAQ:CZR).
Casino resort and entertainment company Red Rock Resorts (NASDAQ:RRR) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 13.7% year on year to $468 million. Its GAAP profit of $0.48 per share was also 31.2% above analysts’ consensus estimates.
