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Red Rock Resorts' (NASDAQ:RRR) 22% CAGR outpaced the company's earnings growth over the same three-year period

Added 06-26-22 09:04:02am EST - “While Red Rock Resorts, Inc. ( NASDAQ:RRR ) shareholders are probably generally happy, the stock hasn't had...” - News.yahoo.com

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Posted By TheNewsCommenter: From News.yahoo.com: “Red Rock Resorts' (NASDAQ:RRR) 22% CAGR outpaced the company's earnings growth over the same three-year period”. Below is an excerpt from the article.

While Red Rock Resorts, Inc. (NASDAQ:RRR) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 26% in the last quarter. But that doesn't change the fact that the returns over the last three years have been pleasing. In the last three years the share price is up, 65%: better than the market.

On the back of a solid 7-day performance, let's check what role the company's fundamentals have played in driving long term shareholder returns.

While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).

Red Rock Resorts became profitable within the last three years. So we would expect a higher share price over the period.

You can see below how EPS has changed over time (discover the exact values by clicking on the image).

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