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Here's What Key Metrics Tell Us About Las Vegas Sands (LVS) Q4 Earnings
Zacks Investment Research· 2024-01-25 01:31
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) Q4 Earnings Lag Estimates
Zacks Investment Research· 2024-01-24 23:16
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 ...
LVSC(LVS) - 2023 Q4 - Earnings Call Transcript
2024-01-24 23:01
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 ...
Las Vegas Sands: Rolling The Dice Ahead Of Earnings, EPS Growth Expected
Seeking Alpha· 2024-01-24 17:30
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 ...
Robust Macao Visits to Aid Las Vegas Sands (LVS) in Q4 Earnings
Zacks Investment Research· 2024-01-22 14:56
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 ...
Sands China Honours Suppliers and SMEs at Sands Supplier Excellence Awards and Sands Procurement Academy Graduation
Prnewswire· 2024-01-22 12:37
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 ...
Las Vegas Sands (LVS) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Zacks Investment Research· 2024-01-19 19:06
Wall Street analysts forecast that Las Vegas Sands (LVS) will report quarterly earnings of $0.63 per share in its upcoming release, pointing to a year-over-year increase of 431.6%. It is anticipated that revenues will amount to $2.88 billion, exhibiting an increase of 157.6% compared to the year-ago quarter.The current level reflects a downward revision of 3.9% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappra ...
Las Vegas Sands (LVS) to Post Q4 Earnings: What's in Store?
Zacks Investment Research· 2024-01-19 15:56
Las Vegas Sands Corp. (LVS) is scheduled to report fourth-quarter 2023 results on Jan 24, after the closing bell. In the previous quarter, the company reported an earnings surprise of 3.8%.How Are Estimates Placed?The Zacks Consensus Estimate for fourth-quarter earnings per share is pegged at 63 cents. In the prior-year quarter, LVS reported a loss of 19 cents per share.For revenues, the consensus mark is pegged at $2.9 billion. The metric suggests an increase of 157.6% from the year-ago quarter’s figure.Le ...
Sands to Release Fourth Quarter 2023 Financial Results
Prnewswire· 2024-01-17 23:50
LAS VEGAS, Jan. 17, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) will release its fourth quarter 2023 financial results on Wednesday, January 24, 2024, after market close. The company will host a conference call to discuss its results at approximately 1:30 p.m. Pacific Time. A webcast of the conference call will be available at www.investor.sands.com.    About Sands (NYSE: LVS) Sands is the world's preeminent developer and operator of world-class integrated resorts. Our iconic properties drive valuable ...
Las Vegas Sands (LVS) to Report Q4 Results: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-01-17 16:10
The market expects Las Vegas Sands (LVS) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if ...