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Why Is Las Vegas Sands (LVS) Up 1.6% Since Last Earnings Report?
zacks.com· 2024-05-17 16:36
A month has gone by since the last earnings report for Las Vegas Sands (LVS) . Shares have added about 1.6% in that time frame, underperforming 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 the most recent earnings report in order to get a better handle on the important catalysts. Las Vegas Sands Q1 Earnings & Revenues Bea ...
Sands Macao Celebrates 20th Anniversary
prnewswire.com· 2024-05-16 17:32
Twenty years later, Sands Macao records millions of visits annually, after having paved the way for its sister properties across the water on the Cotai Strip – The Venetian® Macao, The Plaza® Macao, The Londoner® Macao, and The Parisian Macao – which connect to form an integrated resort city housed under one roof, attracting visitors from around the world. Together, Sands China's five properties have recorded over 950 million visits since 2004.Speaking at the ceremony, Dr. Wilfred Wong, executive vice chair ...
Las Vegas Sands Extends Funding to Dress for Success Southern Nevada with a $100,000 Sands Cares Donation
Prnewswire· 2024-05-07 17:00
The 2024 contribution exemplifies Sands' focus on workforce development initiatives and empowering unemployed and underemployed people to find pathways to jobs and careers. LAS VEGAS, May 7, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) has contributed $100,000 through Sands Cares to Dress for Success® (DFS) Southern Nevada to support the organization's free business styling and workforce development services for women who are unemployed and underemployed. Funding is focused on organizational capacity b ...
Is Trending Stock Las Vegas Sands Corp. (LVS) a Buy Now?
Zacks Investment Research· 2024-04-30 14:00
Las Vegas Sands (LVS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this casino operator have returned -14% over the past month versus the Zacks S&P 500 composite's -2.5% change. The Zacks Gaming industry, to which Las Vegas Sands belongs, has lost 8.7% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or ...
LVSC(LVS) - 2024 Q1 - Quarterly Report
2024-04-19 20:05
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________ Form 10-Q _________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ 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 __ ...
S&P 500 Gains and Losses Today: Las Vegas Sands Stock Drops Amid Macau Renovations
Investopedia· 2024-04-18 21:40
Key TakeawaysThe S&P 500 edged 0.2% lower on Thursday, April 18, 2024, in its fifth consecutive day of losses amid concerns about inflation.Las Vegas Sands shares fell as the casino operator said a remodeling project at a property in Macau would weigh on its results.Shares of Genuine Parts Co. jumped after the auto parts distributor raised its full-year profit guidance. After trading higher for much of the day, major U.S. equities indexes lost ground in the afternoon to end Thursday's session mixed. The S&P ...
Las Vegas Sands (LVS) Q1 Earnings & Revenues Beat, Rise Y/Y
Zacks Investment Research· 2024-04-18 15:31
Las Vegas Sands Corp. (LVS) reported impressive first-quarter 2024 results, with earnings and revenues beating the Zacks Consensus Estimate and increasing on a year-over-year basis.The quarterly results reflected solid growth in Macao and Singapore. The company witnessed ongoing recovery in travel and progress in tourism spending. Singapore’s Marina Bay Sands demonstrated a record financial and operational performance. The introduction of new suite options and improved services positions the company well fo ...
LVSC(LVS) - 2024 Q1 - Earnings Call Transcript
2024-04-18 00:43
Las Vegas Sands Corp. (NYSE:LVS) Q1 2024 Earnings Conference Call April 17, 2024 4:30 PM ET Company Participants Daniel Briggs - Senior Vice President of Investor Relations Robert Goldstein - Chairman and Chief Executive Officer Patrick Dumont - President and Chief Operating Officer Grant Chum - Chief Executive Officer & President, Sands China & Executive Vice President, Asia Operations Conference Call Participants Stephen Grambling - Morgan Stanley Carlo Santarelli - Deutsche Bank Joe Greff - J.P. Morgan S ...
Las Vegas Sands (LVS) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-04-17 23:31
Las Vegas Sands (LVS) reported $2.96 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 39.6%. EPS of $0.75 for the same period compares to $0.28 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.94 billion, representing a surprise of +0.64%. The company delivered an EPS surprise of +20.97%, with the consensus EPS estimate being $0.62.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...
LVSC(LVS) - 2024 Q1 - Earnings Call Presentation
2024-04-17 22:18
1Q24 Earnings Presentation April 17, 2024 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 press release, the words “anticipates,” “believes, ...