Workflow
LVSC(LVS)
icon
Search documents
Las Vegas Sands (LVS) Reports Q4 Earnings: What Key Metrics Have to Say
ZACKS· 2025-01-30 00:31
Core Insights - Las Vegas Sands reported $2.9 billion in revenue for Q4 2024, a year-over-year decline of 0.7%, with EPS of $0.54 compared to $0.57 a year ago, indicating a slight decrease in profitability [1] - The reported revenue exceeded the Zacks Consensus Estimate of $2.85 billion, resulting in a surprise of +1.53%, while the EPS fell short of the consensus estimate of $0.60, reflecting a surprise of -10.00% [1] Financial Performance Metrics - RevPAR for Marina Bay Sands was $874, significantly higher than the average estimate of $740.88 from three analysts [4] - Rolling Chip volume at Marina Bay Sands reached $8.07 billion, surpassing the estimated $7.24 billion [4] - Non-Rolling Chip table games revenue at Marina Bay Sands was $2.34 billion, exceeding the $2 billion average estimate [4] - Slot handle for Marina Bay Sands was $6.57 billion, above the estimated $6.23 billion [4] - Total net revenues for Marina Bay Sands were $1.14 billion, compared to the average estimate of $1.01 billion, representing a year-over-year increase of +7.2% [4] - Revenue from Macao totaled $1.77 billion, below the average estimate of $1.88 billion, reflecting a year-over-year decline of -4.9% [4] - The Parisian Macao generated net revenues of $228 million, compared to the average estimate of $262.80 million, marking a +2.7% year-over-year change [4] - The Venetian Macao reported net revenues of $682 million, lower than the average estimate of $776.48 million, indicating an -8.8% year-over-year decline [4] - The Plaza Macao and Four Seasons Macao achieved net revenues of $223 million, compared to the average estimate of $266.22 million, representing a +16.2% year-over-year increase [4] - The Londoner Macao's net revenues were $518 million, slightly above the average estimate of $507.73 million, reflecting a -12.1% year-over-year change [4] - Sands Macao reported net revenues of $86 million, exceeding the average estimate of $82.56 million, with a year-over-year increase of +6.2% [4] - Revenue from Marina Bay Sands rooms was $125 million, surpassing the average estimate of $110.60 million, indicating a +6.8% year-over-year increase [4] Stock Performance - Las Vegas Sands shares have returned -15.8% over the past month, contrasting with the Zacks S&P 500 composite's +1.7% change, suggesting underperformance relative to the broader market [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating it may perform in line with the market in the near term [3]
Las Vegas Sands (LVS) Lags Q4 Earnings Estimates
ZACKS· 2025-01-29 23:21
Core Insights - Las Vegas Sands (LVS) reported quarterly earnings of $0.54 per share, missing the Zacks Consensus Estimate of $0.60 per share, and down from $0.57 per share a year ago, representing a -10% earnings surprise [1] - The company posted revenues of $2.9 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.53%, but down slightly from $2.92 billion year-over-year [2] - Las Vegas Sands shares have declined approximately 15.8% since the beginning of the year, contrasting with the S&P 500's gain of 3.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.69 on revenues of $3.01 billion, and for the current fiscal year, it is $2.76 on revenues of $12.22 billion [7] - The estimate revisions trend for Las Vegas Sands is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Gaming industry, to which Las Vegas Sands belongs, is currently ranked in the top 18% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]
LVSC(LVS) - 2024 Q4 - Earnings Call Presentation
2025-01-29 21:26
4Q24 Earnings Presentation January 29, 2025 Forward Looking Statements This presentation contains forward-looking statements made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include the discussions of our business strategies and expectations concerning future operations, margins, profitability, liquidity and capital resources. In addition, in certain portions included in this presentation, the words "anticipates," "believes ...
LVSC(LVS) - 2024 Q4 - Annual Results
2025-01-29 21:15
EXHIBIT 99.1 PRESS RELEASE For Immediate Release Las Vegas Sands Reports Fourth Quarter 2024 Results For the quarter ended December 31, 2024 (Compared to the quarter ended December 31, 2023) LAS VEGAS, January 29, 2025 - Las Vegas Sands (NYSE: LVS), the leading global developer and operator of Integrated Resorts, today reported financial results for the quarter ended December 31, 2024. "We continued to execute our strategic objectives during the quarter. We remain enthusiastic about our opportunities to del ...
Las Vegas Sands Reports Fourth Quarter 2024 Results
Prnewswire· 2025-01-29 21:05
For the quarter ended December 31, 2024(Compared to the quarter ended December 31, 2023) Net Revenue of $2.90 billion and Net Income of $392 million Consolidated Adjusted Property EBITDA of $1.11 billion Macao Adjusted Property EBITDA of $571 million Low Hold on Rolling Play in Macao Negatively Impacted Adjusted Property EBITDA by $22 million Marina Bay Sands Adjusted Property EBITDA of $537 million High Hold on Rolling Play at Marina Bay Sands Positively Impacted Adjusted Property EBITDA by $2 million ...
LVS to Post Q4 Earnings: What's in the Cards for the Stock?
ZACKS· 2025-01-27 14:36
Las Vegas Sands Corp. (LVS) is scheduled to report fourth-quarter 2024 results on Jan. 29, 2025, after the closing bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, the company reported adjusted earnings per share (EPS) of 44 cents, missing the Zacks Consensus Estimate of 55 cents. The bottom line decreased 24.5% year over year.The company’s earnings beat the Zacks Consensus Estimate in one of the trailing four quarters and missed on three occasions ...
Sands to Release Fourth Quarter 2024 Financial Results
Prnewswire· 2025-01-23 00:02
LAS VEGAS, Jan. 22, 2025 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) will release its fourth quarter 2024 financial results on Wednesday, January 29, 2025, 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 leading global developer and operator of integrated resorts. The company's iconic properties drive valuable leisure ...
What's Next For Las Vegas Sands Stock?
Forbes· 2025-01-21 12:00
LAS VEGAS, NV - JANUARY 11: The Venetian & Palazzo Hotel & Casinos and Sands Convention Center is ... [+] viewed along the Las Vegas Strip on January 11, 2022 over Las Vegas, Nevada. (Photo by George Rose/Getty Images)Getty ImagesLas Vegas Sands stock (NYSE: LVS), a casino and resort company operating in Macau and Singapore, fell 9% since the beginning of 2024 (as of Jan 16), as compared to a 24% increase in the S&P 500 index. LVS’s peer Wynn stock(NASDAQ: WYNN) also went down 8% during the same period. The ...
Las Vegas Sands (LVS) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-01-15 16:06
Las Vegas Sands (LVS) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended December 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 ...
Sands China Holds Opening Ceremony for Philip Colbert's Iconic 'Lobster' Art Exhibition
Prnewswire· 2025-01-15 14:55
Maritime and cultural tourism exhibition features giant, eye-popping installations at five prominent locations in Macao                                                                MACAO, Jan. 15, 2025 /PRNewswire/ -- Sands China held an opening ceremony Wednesday at the Macao Science Center waterfront to celebrate world-famous pop art master Philip Colbert's colourful maritime and cultural tourism art exhibition, Coastal Fantasia: The Lobster King's Vacation in Macao, which features massive installations ...