Stock Track | Red Rock Resorts Plunges 5.78% After-Hours on Q1 Earnings Miss

Stock Track
Apr 30

Red Rock Resorts' stock tumbled 5.78% in post-market trading following the release of its first-quarter 2026 financial results, which showed a significant earnings miss compared to analyst expectations.

The company reported quarterly earnings of $0.73 per share, a decline from the $0.75 per share reported in the same period last year. This result fell short of the FactSet consensus estimate of $0.90 per share. While revenue increased to $507.3 million, surpassing estimates of $505.6 million, the company's adjusted EBITDA of $212.6 million also missed the IBES estimate of $217.4 million.

The after-hours selloff reflects investor disappointment with the earnings performance despite the revenue beat, as the company maintained its quarterly dividend of $0.26 per share.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10