🔴 Red Rock Resorts is trading 4.7% down in after-hours trading after an earnings-per-share miss

Red Rock Resorts is trading at $48.99, down 4.67%, after its November 3 report showed a $0.17-per-share loss that missed analyst expectations.

• Revenue of $488.7 million beat estimates.
• The company reported $17.7 million in net losses and a 4.3% year-over-year decline in Adjusted EBITDA; anniversary stock awards and costs were major factors.
• The broader market was mixed and does not clearly explain the drop.