Red Rock Resorts Inc. (RRR) revealed earnings for fourth quarter that decreased from the same period last year but beat the Street estimates.
The company's bottom line totaled $46.6 million, or $0.76 per share. This compares with $56.3 million, or $0.95 per share, last year.
Analysts on average had expected the company to earn $0.48 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.1% to $495.7 million from $462.7 million last year.
Red Rock Resorts Inc. earnings at a glance (GAAP) :
-Earnings: $46.6 Mln. vs. $56.3 Mln. last year.
-EPS: $0.76 vs. $0.95 last year.
-Revenue: $495.7 Mln vs. $462.7 Mln last year.
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