LAS VEGAS, April 10, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) will release its first quarter 2024 financial results on Wednesday, April 17, 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 leis ...

The contribution marks the 10th anniversary of partnership between Sands Cares and the foundation and provides support for the nonprofit's mission to improve public health around the world LAS VEGAS, March 21, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) has contributed $500,000 through Sands Cares to The WASH Foundation, an evolution of the Clean the World Foundation, bringing the company's total contributions to the nonprofit organization to more than $5.6 million since kicking off the partnership. T ...

Serjio74 Above: Macau growth is speeding ahead of many early recovery calls. We accept what may be some investors' characterization of our bullish outlook on Las Vegas Sands Corp. (NYSE:LVS) this past year as that of a faded broken record. Give the apparent resistance to the stock moving anywhere near my price target ("PT") of $70, it is understandable. The stock has had a real struggle to even reach above $50. In light of the strong performance of the company in post covid Asian markets we now see, the ...

A month has gone by since the last earnings report for Las Vegas Sands (LVS) . Shares have added about 7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Las Vegas Sands due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Las Vegas Sands Q4 Earnings Lag Estimates, Rev ...

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 ...

Core Insights - Las Vegas Sands has been recognized as one of Fortune's World's Most Admired Companies for 2024, marking its 10th appearance on the list, which reflects the company's performance in delivering economic, social, and environmental value [1][4] - The company has shifted focus to reinvestment in Asia and the development of new businesses after exiting Las Vegas operations in 2022, with significant investments planned for Macao and Singapore [1][2] Group 1: Company Recognition and Performance - Sands' inclusion in Fortune's list is an endorsement of its ability to navigate change while positively impacting communities, team members, investors, and customers [1] - The company has also been recognized on Newsweek's 2024 America's Most Responsible Companies list and the 2023 Dow Jones Sustainability World and North America Indices [4] Group 2: Investment and Development Plans - Sands China has pledged to invest $3.75 billion in capital and operating projects through 2032 to enhance Macao's status as a global tourism destination [1] - A $1.75 billion reinvestment program is currently underway at Marina Bay Sands to support Singapore's growth in international tourism [1] Group 3: Corporate Responsibility and ESG Goals - The company aims to invest $200 million in workforce development, contribute 150,000 volunteer hours, and reduce carbon emissions by 17.5% by 2025 [3] - As of 2022, Sands had invested $56 million in workforce development initiatives, with a cumulative investment of $113 million since 2021, and achieved a 50% reduction in carbon emissions [4] Group 4: Business Model and Community Impact - Sands operates world-class integrated resorts that combine luxury accommodations, gaming, meeting facilities, retail, and entertainment, attracting significant business and leisure tourism [2][7] - The company focuses on being the employer and partner of choice, strengthening communities, and minimizing environmental impact through sustainable practices [2]

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 ...