Red Rock Resorts reports third-quarter loss as analysts maintain buy views
Red Rock Resorts reported a third-quarter loss of 17 cents per share and revenue of $488.7 million, while analysts had expected earnings of 44 cents per share on $478 million in sales. Analysts cited the company’s Las Vegas locals business and investment plans in their assessments; Red Rock raised its 2026 capital spending outlook to $550 million-$575 million.
Investors can weigh Red Rock’s earnings shortfall against analyst assessments of its Las Vegas locals business and increased capital spending outlook.