UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-32373 LAS VEGAS SANDS CORP. (Exact name of registrant as specified in its charter) Nevada 27-0099920 (State or other jurisdiction of (IRS Employ ...

One of only two hotel and gaming companies included, Sands' 2024 recognition demonstrates the value it delivers to host regions and the hospitality industry LAS VEGAS, Jan. 31, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) has again been named one of Fortune's World's Most Admired Companies in the news outlet's 2024 list of the most respected and reputable global businesses, marking the company's 10th appearance on the list. "Sands' being included on Fortune's list is an endorsement of our performance in ...

Core Viewpoint - Las Vegas Sands Corp. (LVS) reported mixed fourth-quarter 2023 results, with earnings missing estimates while revenues exceeded expectations, reflecting a year-over-year improvement in both metrics [1][2]. Financial Performance - Adjusted earnings per share (EPS) for Q4 2023 were 57 cents, missing the Zacks Consensus Estimate of 63 cents, compared to an adjusted loss of 19 cents per share in the same quarter last year [2]. - Quarterly revenues reached $2.92 billion, surpassing the consensus mark of $2.9 billion, and increased by 161% from $1.1 billion reported in the year-ago quarter [2]. Asian Operations - The Venetian Macao generated net revenues of $748 million, up from $201 million in the prior-year quarter, driven by increases in casino, rooms, and mall revenues [4]. - The Londoner Macao reported net revenues of $589 million, significantly up from $93 million, supported by growth in casinos, rooms, and food and beverage revenues [6]. - The Parisian Macao's net revenues were $222 million, up from $51 million, primarily due to improvements in casino, rooms, and food and beverage revenues [8]. - The Plaza Macao and Four Seasons Macao saw net revenues of $192 million, an increase from $75 million, attributed to rises in casino, rooms, and mall revenues [10]. - Sands Macao reported net revenues of $81 million, compared to $17 million in the prior-year period, mainly due to increased casino revenues [11]. - Marina Bay Sands in Singapore achieved net revenues of $1.06 billion, up from $682 million, driven by increases across various revenue streams [13]. Operational Metrics - Adjusted property EBITDA for the consolidated company totaled $1.2 billion in Q4 2023, compared to $222 million in the year-ago quarter [15]. - For 2023, net revenues reached $10.4 billion, up from $4.1 billion in 2022, with operating income improving to $2.3 billion from a loss of $0.8 billion [16]. Balance Sheet - As of December 31, 2023, unrestricted cash balances were $5.11 billion, down from $5.57 billion in the previous quarter, while total debt outstanding decreased to $14.01 billion from $14.17 billion [17].

Shares of Las Vegas Sands Corp (NYSE:LVS) are 0.9% higher at $50.06 at last glance, after the casino and resort giant last night reported fourth-quarter earnings and revenue that topped Wall Street's estimates.  In response, J.P. Morgan Securities raised its price target to $59 from $56. In its bull note, the analyst said it thinks "LVS 4Q23 results should be viewed favorably in relation to recently subdued investors' expectations and China-macro-concern-driven awful investor sentiment." Coming into today, ...

Las Vegas Sands (LVS) reported $2.92 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 161%. EPS of $0.57 for the same period compares to -$0.19 a year ago.The reported revenue represents a surprise of +1.30% over the Zacks Consensus Estimate of $2.88 billion. With the consensus EPS estimate being $0.63, the EPS surprise was -9.52%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...

Las Vegas Sands (LVS) came out with quarterly earnings of $0.57 per share, missing the Zacks Consensus Estimate of $0.63 per share. This compares to loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.52%. A quarter ago, it was expected that this casino operator would post earnings of $0.53 per share when it actually produced earnings of $0.55, delivering a surprise of 3.77%.Over the last four quarters, the compan ...

Las Vegas Sands Corp. (NYSE:LVS) Q4 2023 Earnings Conference Call January 24, 2024 4:30 PM ET Company Participants Daniel Briggs - Senior Vice President-Investor Relations Rob Goldstein - Chairman & Chief Executive Officer Patrick Dumont - President & Chief Operating Officer Wilford Wong - Executive Vice Chairman, Sands China Grant Chum - Chief Executive Officer & President, Sands China & Executive Vice President, Asia Operations Conference Call Participants Joe Greff - JPMorgan Stephen Grambling - Morgan S ...

Nature, food, landscape, travel Conference season is in full swing. Companies are ditching the snow and cold for mild breezes and flashy lights. People are taking to the skies and casinos are busy. What’s more, consumers continue to spend. These are all tailwinds for the Casinos and Gaming industry, but firms with significant exposure to Macau face risks, though its casino revenue surged 334% last year. I have a buy rating on shares of Las Vegas Sands Corp. (NYSE:LVS). I see significant uncertainty with ...

Las Vegas Sands Corp. (LVS) is scheduled to report fourth-quarter 2023 results on Jan 24. The company is likely to have gained from higher Macao and Singapore visitation along with an increase in spending.Robust Macao Visitation & Spending to Aid ResultsLas Vegas Sands’ fourth-quarter revenues are expected to have benefited from an improvement in travel and tourism in Macao and Singapore. Increased visitation, higher spending, gaming activity and hotel occupancy in the Macao region are likely to have contri ...

Outstanding suppliers and recently trained local SMEs recognisedMACAO, Jan. 22, 2024 /PRNewswire/ -- Sands China Ltd. recognised some of its most outstanding suppliers at the Sands Supplier Excellence Awards Jan. 19 at The Londoner® Macao. The awards were part of a joint event where Sands China also honoured the 13th and 14th cohorts of local SMEs graduating from its Sands Procurement Academy training programme, highlighted some of the success stories of Sands China's ongoing partnerships with its local SME ...