It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.W ...

Las Vegas Sands Corp.’s (LVS) earnings and revenues are likely to increase, when the company reports second-quarter 2024 results.In the last reported quarter, earnings and revenues topped the Zacks Consensus Estimate by 21% and 0.6%, respectively.  On a year-over-year basis, the metrics increased by 167.9% and 39.6%, respectively.How Are Estimates Placed?The Zacks Consensus Estimate for second-quarter earnings per share (EPS) is pegged at 60 cents, indicating a surge of 30.4% from 46 cents reported in the y ...

Las Vegas Sands (LVS) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the sto ...

Progress on the company's 2021-2025 ambitions in emissions reduction, workforce development and community service contributions highlight the reporting cycle's midpoint review.LAS VEGAS, July 9, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) has released its latest environmental, social and governance (ESG) report, outlining the company's 2023 progress on the corporate responsibility priorities established for its 2021-2025 reporting period. Sands is on track to meet or has surpassed the targets set for i ...

Company Performance - Las Vegas Sands is expected to report Q2 2024 revenues of approximately $2.85 billion, an 11% increase year-on-year, and earnings of about $0.60 per share, reflecting a 30% growth compared to last year, driven by a rebound in Macau and strong performance in Singapore [1] - The Macau business, which constituted over 60% of pre-pandemic revenue, is experiencing a strong recovery due to the relaxation of Covid-19 restrictions, with April 2023 tourist arrivals reaching 2,600,717, a 14.4% increase year-on-year, and 76% of arrivals compared to April 2019 [1] - The Marina Bay Sands property in Singapore remains the largest profit driver for the company, with Q1 2024 Adjusted Property EBITDA rising by about 52% to $597 million, indicating continued strength in tourist inflows and spending [1] Stock Performance - LVS stock has declined by 25% from $60 in early January 2021 to around $45 currently, while the S&P 500 has increased by about 45% during the same period, highlighting underperformance [2] - The stock's returns were -37% in 2021, 28% in 2022, and 2% in 2023, indicating inconsistent performance compared to the S&P 500, which had returns of 27% in 2021, -19% in 2022, and 24% in 2023 [2] Market Outlook - The financial performance of the company is expected to improve as demand in Macau continues to rise, with per-capita spending anticipated to grow, and Singapore's market remains stable and high-value [3] - The company is investing approximately $1.75 billion into its Singapore property to enhance high-value tourism [3] - As of March 2024, the company's liquidity position is reasonable with cash holdings around $5 billion, but it has a total debt of $13.9 billion, indicating high leverage [3] - The stock is valued at about $55 per share, which is approximately 31% above the current market price, with a reassessment planned post-Q2 earnings [3]

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The Z ...

New round of Sands Cares funding provides resources to assist in the nonprofit's continued physical expansion and supports its organizational development work in the exclusive Sands Cares Accelerator. LAS VEGAS, June 27, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) has contributed $270,000 to The LGBTQ+ Center of Southern Nevada (The Center) through Sands Cares to help sustain The Center's continued physical expansion, as well as empower its work in the company's exclusive Sands Cares Accelerator, a thr ...

The six-time PGA Tour winner will support Sands on resort and community initiatives LAS VEGAS, June 24, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) today announced that six-time PGA TOUR winner Collin Morikawa is the company's newest champion ambassador, a multi-year engagement that will incorporate the world-class athlete into the company's integrated resort programs and advance the mutual goal of building strong and resilient communities with priorities on youth development and community revitalizati ...

Las Vegas Sands Corp. (LVS) is likely to benefit from the impressive recovery in travel and tourism demand in Macao and Singapore. Also, the company's next phase of capital investment at Marina Bay Sands bodes well for its prospects.Las Vegas Sands witnessed an impressive recovery in Macao in the first quarter of 2024. During the quarter, the company reported significant growth in property visitation, gaming volumes, retail sales and hotel occupancy in the Macao region.This Zacks Rank #3 (Hold) company’s ea ...

Core Insights - The Sands Hospitality Immersion Program aims to create career pathways in hospitality and tourism for students from historically Black colleges and universities (HBCUs) [1][6] - The program is a collaboration between Las Vegas Sands and the Thurgood Marshall College Fund (TMCF), focusing on exposing HBCU students to the hospitality industry [1][9] Program Details - 15 students from 10 HBCUs have been selected for the second annual program, taking place from June 16-22 in Las Vegas [1][2] - Participants are studying various majors including business, computer science, communications, finance, hospitality management, and marketing [3][4] - The program includes on-campus learning sessions, industry speaker interactions, and hands-on activities such as a cooking competition [3][4] Industry Context - The travel, tourism, and leisure industry is experiencing significant job growth and offers diverse career opportunities beyond traditional hospitality roles [4][5] - The Sands Hospitality Immersion Program is part of Sands' broader community engagement initiatives aimed at workforce development and education [6][7] Corporate Responsibility - Sands emphasizes building a skilled, diverse workforce and providing opportunities for underrepresented groups through this program [7] - The company is recognized for its corporate responsibility efforts, including sustainability and community investment [8]