Red Rock Resorts beats Q2 forecasts with $0.67 EPS, $510.3M revenue

Red Rock Resorts reported second-quarter earnings per share of $0.67 and revenue of $510.3 million on Tuesday, both exceeding analyst forecasts of $0.50 EPS and $500.63 million in revenue. Following the announcement, the company's shares remained flat at $64.27 in after-hours trading. Year-to-date, Red Rock Resorts stock has gained 5%, underperforming the Nasdaq's 14% rise during the same period. The results come amid a busy earnings season for the consumer cyclical sector. Amazon.com recently beat expectations with $5.75 EPS on $200.6 billion revenue, while Tesla reported lower-than-expected earnings of $0.33 per share on July 22.