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LVSC(LVS) - 2024 Q2 - Earnings Call Transcript
2024-07-25 02:37
Las Vegas Sands Corporation (NYSE:LVS) Q2 2024 Earnings Conference Call July 24, 2024 4:30 PM ET Company Participants Daniel Briggs - SVP, IR Robert Goldstein - Chairman & CEO Patrick Dumont - President & COO Randy Hyzak - CFO Zachary Hudson - EVP, Global General Counsel, Secretary Conference Call Participants Joe Greff - JP Morgan Stephen Grambling - Morgan Stanley Robin Farley - UBS Carlo Santarelli - Deutsche Bank Shaun Kelley - Bank of America Merrill Lynch Chad Beynon - Macquarie Brandt Montour - Barcl ...
Las Vegas Sands (LVS) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-07-25 01:02
For the quarter ended June 2024, Las Vegas Sands (LVS) reported revenue of $2.76 billion, up 8.6% over the same period last year. EPS came in at $0.55, compared to $0.46 in the year-ago quarter.The reported revenue represents a surprise of -2.73% over the Zacks Consensus Estimate of $2.84 billion. With the consensus EPS estimate being $0.59, the EPS surprise was -6.78%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...
LVSC(LVS) - 2024 Q2 - Quarterly Results
2024-07-24 20:08
EXHIBIT 99.1 PRESS RELEASE For Immediate Release Las Vegas Sands Reports Second Quarter 2024 Results For the quarter ended June 30, 2024 • Net Revenue of $2.76 billion and Net Income of $424 million • Consolidated Adjusted Property EBITDA of $1.07 billion • Macao Adjusted Property EBITDA of $561 million ◦ Low Hold on Rolling Play in Macao Negatively Impacted Adjusted Property EBITDA by $4 million • Marina Bay Sands Adjusted Property EBITDA of $512 million ◦ High Hold on Rolling Play at Marina Bay Sands Posi ...
Las Vegas Sands Reports Second Quarter 2024 Results
Prnewswire· 2024-07-24 20:05
For the quarter ended June 30, 2024Net Revenue of $2.76 billion and Net Income of $424 millionConsolidated Adjusted Property EBITDA of $1.07 billionMacao Adjusted Property EBITDA of $561 millionLow Hold on Rolling Play in Macao Negatively Impacted Adjusted Property EBITDA by $4 millionMarina Bay Sands Adjusted Property EBITDA of $512 millionHigh Hold on Rolling Play at Marina Bay Sands Positively Impacted Adjusted Property EBITDA by $64 millionLVS Repurchased $400 million of Common StockLAS VEGAS, July 24, ...
2024 Sands Shopping Carnival Draws Record-Breaking 120,000 Visits
Prnewswire· 2024-07-24 12:55
The Sands Shopping Carnival has welcomed over 540,000 visitors since its 2020 debut, becoming an annual signature event for Sands China. It offers residents and tourists an exciting weekend destination while supporting the Macao SAR government's 'tourism+' strategy, and provides a free business platform for local SMEs and Sands retailers to boost post-pandemic economic revival – creating synergy by featuring both local and international brands at one event.Now in its fifth year, the carnival offered visitor ...
Nevada Partnership for Homeless Youth and Las Vegas Sands Announce the 2024 Nevada Youth Homelessness Summit on Nov. 8
Prnewswire· 2024-07-23 17:00
Registration for the 8th annual conference bringing together stakeholders to address Nevada's growing youth homelessness crisis opens Aug. 5. LAS VEGAS, July 23, 2024 /PRNewswire/ -- Nevada Partnership for Homeless Youth (NPHY) and Las Vegas Sands (NYSE: LVS) today announced the 2024 Nevada Youth Homelessness Summit will take place Friday, Nov. 8, at Las Vegas City Hall. Registration for the state's premier youth homelessness advocacy event opens Aug. 5 at nphy.org/Summit24. With support from the UNLV Green ...
Sands to Release Second Quarter 2024 Financial Results
Prnewswire· 2024-07-17 23:49
LAS VEGAS, July 17, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) will release its second quarter 2024 financial results on Wednesday, July 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 leading global developer and operator of integrated resorts.Our iconic properties drive valuable leisure and business touris ...
Here's Why Las Vegas Sands (LVS) is a Strong Value Stock
ZACKS· 2024-07-15 14:41
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 (LVS) to Post Q2 Earnings: What's in Store?
ZACKS· 2024-07-15 14:11
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) Earnings Expected to Grow: What to Know Ahead of Q2 Release
ZACKS· 2024-07-10 15:06
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 ...