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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
Core Viewpoint - Las Vegas Sands (LVS) has experienced a decline in stock price despite a recovery in tourism and key markets, with financial performance still lagging behind pre-pandemic levels [1] Group 1: Financial Performance - LVS's revenue increased by 13% year-over-year to $8.4 billion in the first nine months of 2024, with a 14% increase in the Macau market and 11% growth in Singapore [3] - The company's consolidated adjusted property EBITDA was $3.3 billion, up from $2.9 billion a year ago, with Marina Bay Sands contributing $1.5 billion and Macau operations contributing $1.8 billion [3] - Earnings per share rose to $1.51, reflecting a 39% year-over-year increase [3] Group 2: Market Conditions and Future Outlook - LVS stock fell 9% since the beginning of 2024, while the S&P 500 increased by 24%, indicating underperformance relative to the broader market [1] - China's government plans to inject approximately 1 trillion yuan (~$142 billion) into state-owned banks, which is expected to benefit Macau's tourism sector significantly by 2025 [1] - Visitor numbers to Macau are forecasted to reach approximately 36 million by 2025, driven by the expansion of Beijing's Individual Visitor Scheme [1] Group 3: Strategic Developments - LVS has launched the Londoner Grand in Macau, introducing the first 300 Londoner Grand Suites, with more suites planned for future release [4] - Renovation efforts in Singapore are ongoing, with upgrades expected to be completed by mid-2025 [4] - The company has submitted a proposal for a $5 billion casino resort in Nassau County, Long Island, aiming to enter the New York market [4] Group 4: Stock Performance and Volatility - LVS stock performance has been volatile over the last four years, with annual returns of -37% in 2021, 28% in 2022, 3% in 2023, and 6% in 2024 [5] - The Trefis High Quality Portfolio has outperformed the S&P 500 with less volatility, indicating a more stable investment option compared to LVS [5]
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 ...
Las Vegas Sands: Xi Jinping's Macau Visit Removes Long-Time Bearish Take On Stock
Seeking Alpha· 2024-12-25 12:01
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Las Vegas Sands Named to the Dow Jones Sustainability Indices for World and North America
Prnewswire· 2024-12-23 18:00
The company was included on DJSI World and DJSI North America for the fifth consecutive year; subsidiary Sands China Ltd. was named to DJSI World and DJSI Asia Pacific for the third year. LAS VEGAS, Dec. 23, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) was again recognized on the Dow Jones Sustainability™ Indices (DJSI), with placement on both DJSI World and DJSI North America for the fifth consecutive year. Sands China Ltd., the company's Asian subsidiary, was named to DJSI World and DJSI Asia Pacific ...