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Red Rock Resorts (RRR) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 04, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.49

Last Year’s EPS

0.55

Same Quarter Last Year

Analyst Consensus

Strong Buy

Based on 14 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 29, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveyed a constructive operational and strategic outlook: revenue growth, record gaming performance, strong free cash flow conversion and meaningful shareholder returns and development progress are notable positives. Offsetting these strengths were modest declines in adjusted EBITDA and margins, temporary disruption from renovations and construction (notably at Green Valley Ranch and Durango) and some cost pressures (utilities, payroll). Management emphasized confidence in the development pipeline, disciplined capital allocation and comfortable leverage, and expects disruptions to be transitory as investments come online.

Company Guidance

Management guided full-year 2026 capital spending of $375–425 million (investment capex $275–300M; maintenance $100–125M), noting Q1 capex of $117.2M (investment $87.2M; maintenance $30M), and reiterated typical seasonality of a Q1→Q2 revenue decline of ~8–9%; they also expect near‑term construction disruption of roughly $9M at Green Valley Ranch in Q2 plus an incremental $2–3M at Durango. Operational and balance‑sheet metrics highlighted in the call included Q1 Las Vegas net revenue $499.5M (up 0.9% YoY), Las Vegas adjusted EBITDA $232.4M (down 1.5% YoY) with a 46.5% margin (down 113 bps), consolidated net revenue $507.3M (up 1.9% YoY), consolidated adjusted EBITDA $212.6M (down 1.2% YoY) with a 41.9% margin (down 129 bps), conversion of 50.3% of adjusted EBITDA to operating free cash flow ($107M, or $1.03/share), cash $134M, total debt $3.6B (net debt $3.4B) and net debt/EBITDA 4.07x. Strategic project and capital details included Durango North (~275k+ sq ft; ~400 additional slots; 36‑lane bowling; summer 2027 opening; est. cost ~$385M), North Fork on pace for early Q4 2026 (all‑in cost ~$750M; fully financed; note receivable ~$80.6M), Sunset Station podium refresh $53M and next phase ~$87M, Green Valley Ranch next phase ~$56M, and continued capital returns (returned ~$170.5M to shareholders this quarter, repurchasing ~635k shares at ~$6.32 avg and reducing shares to ~104.4M; regular dividend $0.26/share declared payable June 30).

Revenue Growth

Las Vegas operations net revenue of $499.5M, up 0.9% year-over-year; consolidated net revenue of $507.3M (includes $4.7M from North Fork), up 1.9% year-over-year.

Strong Gaming Performance and Records

Company reported the highest first-quarter gaming revenue and profitability in company history, with Las Vegas delivering the highest first-quarter net revenue and the second-highest first-quarter adjusted EBITDA in company history; robust spend per visit and net theoretical win across local, regional and national segments drove results.

Free Cash Flow and Capital Returned to Shareholders

Converted 50.3% of adjusted EBITDA into operating free cash flow, generating $107.0M (or $1.03 per share) in the quarter; returned approximately $170.5M to shareholders in the quarter via dividends and share repurchases (including ~635,000 Class A shares repurchased at an average $6.32/share).

Durango Expansion Validating Strategy

Durango expansion (completed December) produced strong financial performance and positive guest feedback; expansion added >25,000 sq ft casino, a premier high-limit slot area and ~2,000 covered parking spaces. Company plans Durango North expansion (~275,000 sq ft, ~400 additional slot machines) estimated at ~$385M targeting summer 2027.

Progress on Development Projects (North Fork, Sunset Station, Green Valley Ranch)

North Fork project fully financed, on track for early Q4 2026 open with first casino-floor turnover late June and total all-in cost ~ $750M; Sunset Station $53M renovation on budget with positive feedback; Green Valley Ranch West Tower and convention space reopened with encouraging performance.

Strong Non-Gaming Performance

Hotel division produced near-record revenue and profitability with higher ADR across the portfolio; Food & Beverage delivered its second-best Q1 revenue and third-best Q1 profit in company history; group sales & catering delivered its third-highest Q1 revenue.

Balance Sheet and Capital Plan

Quarter-end cash & equivalents of $134M; management comfortable with net debt-to-EBITDA of 4.07x while guiding FY 2026 capital spend of $375M–$425M (investment capex $275M–$300M; maintenance $100M–$125M).

Employer and Brand Recognition

Station Casinos recognized by Forbes & Statista as one of America's Best Large Employers (2026), Top Workplace in Nevada for sixth consecutive year, and USA TODAY Top Workplace for third consecutive year (first time recognized in hospitality).

Red Rock Resorts (RRR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

RRR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 04, 2026	2026 (Q2)	0.49 / -	0.549	―	―	―
Apr 29, 2026	2026 (Q1)	0.90 / 0.73	0.433	68.59% (+0.30)
Feb 10, 2026	2025 (Q4)	0.49 / 0.44	0.45	-2.44% (-0.01)
Oct 28, 2025	2025 (Q3)	0.39 / 0.41	0.279	47.67% (+0.13)
Jul 29, 2025	2025 (Q2)	0.41 / 0.55	0.59	-6.95% (-0.04)
May 01, 2025	2025 (Q1)	0.55 / 0.43	0.413	4.84% (+0.02)	―
Feb 11, 2025	2024 (Q4)	0.43 / 0.45	0.546	-17.58% (-0.10)	―
Nov 07, 2024	2024 (Q3)	0.36 / 0.28	0.344	-18.90% (-0.06)	―
Jul 23, 2024	2024 (Q2)	0.44 / 0.59	0.382	54.45% (+0.21)	―
May 07, 2024	2024 (Q1)	0.56 / 0.41	0.433	-4.62% (-0.02)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

RRR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 29, 2026	$55.83	$53.74	-3.75%
Feb 10, 2026	$65.21	$63.34	-2.87%
Oct 28, 2025	$57.59	$50.84	-11.73%
Jul 29, 2025	$53.26	$58.11	+9.09%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Red Rock Resorts Inc (RRR) report earnings?

Red Rock Resorts Inc (RRR) is schdueled to report earning on Aug 04, 2026, After Close (Confirmed).

What is Red Rock Resorts Inc (RRR) earnings time?

Red Rock Resorts Inc (RRR) earnings time is at Aug 04, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is RRR EPS forecast?

RRR EPS forecast for the fiscal quarter 2026 (Q2) is 0.49.