LAS VEGAS (AP) — LAS VEGAS (AP) — Red Rock Resorts, Inc. (RRR) on Thursday reported first-quarter earnings of $44.7 million.
On a per-share basis, the Las Vegas-based company said it had profit of 75 cents. Earnings, adjusted for non-recurring costs, were 80 cents per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.
The company posted revenue of $497.9 million in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $493.8 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RRR at https://www.zacks.com/ap/RRR
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