Q1 26 EPS
$0.73
BEAT +49.65%
Est. $0.49
Q1 26 Revenue
$507.3M
BEAT +0.21%
Est. $506.2M
vs S&P Since Q1 26
+16.5%
BEATING MARKET
RRR +21.6% vs S&P +5.0%
Market Reaction
Did RRR Beat Earnings? Q1 2026 Results
Red Rock Resorts delivered a stronger-than-expected first quarter for 2026, with earnings per share of $0.73 beating the $0.49 consensus estimate by 49.65%, even as the bottom line edged down slightly from $0.75 a year earlier. Revenue rose 1.9% year… Read more Red Rock Resorts delivered a stronger-than-expected first quarter for 2026, with earnings per share of $0.73 beating the $0.49 consensus estimate by 49.65%, even as the bottom line edged down slightly from $0.75 a year earlier. Revenue rose 1.9% year over year to $507.32 million, a hair above the $506.25 million Wall Street had anticipated, with the modest top-line gain driven primarily by a $7.28 million increase in casino revenue to $340.52 million and the addition of $4.74 million in Native American management and development fees, a revenue stream with no prior-year equivalent. The profit story was more complicated, however; operating costs climbed to $363.64 million from $343.51 million, with SG&A and depreciation both rising notably amid the capital investment cycle around newer properties including Durango Resort, compressing operating income to $143.68 million from $154.35 million. Analysts have broadly maintained bullish ratings on the stock, viewing the cost pressures and margin compression as temporary given the company's development pipeline.
Key Takeaways
- • Casino revenue growth of 2.2% year over year to $340.5 million
- • New Native American management and development fees contributed $4.7 million in revenue
- • Favorable change in fair value of derivative instruments improved other income
RRR YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
RRR Revenue by Segment
With YoY comparisons, source: SEC Filings
RRR Earnings Trends
RRR vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
RRR EPS Trend
Earnings per share: estimate vs actual
RRR Revenue Trend
Quarterly revenue: estimate vs actual
RRR Quarterly Results
12 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.49 | $0.73 | +49.65% | $507.3M | +0.21% |
| Q4 25 BEAT FY | $0.45 | $0.75 | +67.71% | $511.8M | +1.48% |
| FY Full Year | — | $3.12 | — | $2.01B | — |
| Q3 25 BEAT | $0.39 | $0.68 | +76.44% | $475.6M | -0.58% |
| Q2 25 BEAT | $0.41 | $0.95 | +131.14% | $526.3M | +7.83% |
| Q1 25 BEAT | $0.49 | $0.75 | +54.38% | $497.9M | +0.38% |
| Q4 24 BEAT FY | $0.48 | $0.76 | +58.73% | $495.7M | +1.12% |
| FY Full Year | $1.49 | $2.53 | +69.56% | $1.94B | +0.27% |
| Q3 24 MISS | $0.52 | $0.48 | -7.69% | $468.0M | +1.37% |
| Q2 24 MISS | $0.66 | $0.59 | -10.61% | $486.4M | +2.01% |
| Q1 24 BEAT | $0.66 | $0.68 | +3.03% | $488.9M | -0.15% |
| Q4 23 BEAT FY | $0.51 | $0.95 | +86.27% | $462.7M | +5.25% |
| FY Full Year | — | $2.94 | — | $1.72B | — |
| Q3 23 BEAT | $0.48 | $0.60 | +25.00% | $411.6M | +0.06% |
| Q4 22 BEAT FY | $0.59 | $1.49 | +152.54% | $425.5M | +0.78% |
| FY Full Year | $1.68 | $3.36 | +100.00% | $1.66B | +0.15% |