LVSC(US:LVS) ZACKS·2024-10-18 14:20Core Viewpoint - Analysts project that Las Vegas Sands (LVS) will report quarterly earnings of $0.56 per share, reflecting a year-over-year increase of 1.8%, with revenues expected to remain unchanged at $2.8 billion [1] Earnings Estimates - The consensus EPS estimate for the quarter has been adjusted upward by 0.2% over the past 30 days, indicating a reassessment by covering analysts [1] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [1] Revenue Projections - Analysts estimate 'Revenue- Total Macao' at $1.76 billion, a decrease of 1.4% from the prior-year quarter [2] - 'Net Revenues- Marina Bay Sands' are projected to reach $1.06 billion, representing a year-over-year increase of 4% [2] - 'Net Revenues- The Plaza Macao and Four Seasons Macao' are estimated at $238.17 million, indicating a significant increase of 24% from the prior-year quarter [2] Key Metrics - 'Net Revenues- Sands Macao' is expected to be $83.08 million, showing a slight increase of 0.1% year-over-year [3] - 'Slot handle - Marina Bay Sands' is projected at $6.46 billion, up from $6.36 billion in the same quarter last year [3] - 'RevPAR - Marina Bay Sands' is forecasted to reach $727.51, compared to $656 in the same quarter last year [3] - 'Rolling Chip volume - Marina Bay Sands' is estimated at $8.33 billion, an increase from $8.15 billion year-over-year [3] - 'Non-Rolling Chip table games drop - Marina Bay Sands' is expected to be $2.06 billion, up from $1.94 billion in the same quarter last year [3] Additional Insights - 'Rolling Chip volume - The Londoner Macao' is projected at $1.91 billion, compared to $1.56 billion in the same quarter last year [4] - 'Rolling Chip win percentage - Sands Cotai Central' is expected to be 2.7%, down from 3.9% in the previous year [4] - 'Slot handle - Sands Cotai Central' is estimated at $1.61 billion, compared to $1.50 billion year-over-year [4] - 'Slot hold percentage - The Londoner Macao' is projected to remain at 4.0%, unchanged from the previous year [4] Stock Performance - Shares of Las Vegas Sands have increased by 20.7% in the past month, outperforming the Zacks S&P 500 composite, which moved up by 3.8% [5]