Red Rock Resorts: Q4 Earnings Insights


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Shares of Red Rock Resorts (NASDAQ:RRR) fell in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share rose 85.71% over the past year to $0.39, which beat the estimate of $0.30.

Revenue of $343,409,000 decreased by 25.47% from the same period last year, which beat the estimate of $342,170,000.

Outlook

Red Rock Resorts hasn't issued any earnings guidance for the time being.

Red Rock Resorts hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Feb 09, 2021

Time: 04:30 PM

ET Webcast URL: http://redrockresorts.investorroom.com/

Recent Stock Performance

Company's 52-week high was at $28.06

Company's 52-week low was at $2.76

Price action over last quarter: Up 54.67%

Company Overview

Red Rock Resorts Inc along with its subsidiary is a gaming, development and management company. The company mainly develops a strategically-located casino and entertainment properties. It generates a majority of its revenue from Casino.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EarningsBZI-Recaps