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Las Vegas Sands (LVS) Reports Q4 Earnings: What Key Metrics Have to Say
LVSLVSC(LVS) ZACKS·2025-01-30 00:31

Core Insights - Las Vegas Sands reported 2.9billioninrevenueforQ42024,ayearoveryeardeclineof0.72.9 billion in revenue for Q4 2024, a year-over-year decline of 0.7%, with EPS of 0.54 compared to 0.57ayearago,indicatingaslightdecreaseinprofitability[1]ThereportedrevenueexceededtheZacksConsensusEstimateof0.57 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,reflectingasurpriseof10.000.60, reflecting a surprise of -10.00% [1] Financial Performance Metrics - RevPAR for Marina Bay Sands was 874, significantly higher than the average estimate of 740.88fromthreeanalysts[4]RollingChipvolumeatMarinaBaySandsreached740.88 from three analysts [4] - Rolling Chip volume at Marina Bay Sands reached 8.07 billion, surpassing the estimated 7.24billion[4]NonRollingChiptablegamesrevenueatMarinaBaySandswas7.24 billion [4] - Non-Rolling Chip table games revenue at Marina Bay Sands was 2.34 billion, exceeding the 2billionaverageestimate[4]SlothandleforMarinaBaySandswas2 billion average estimate [4] - Slot handle for Marina Bay Sands was 6.57 billion, above the estimated 6.23billion[4]TotalnetrevenuesforMarinaBaySandswere6.23 billion [4] - Total net revenues for Marina Bay Sands were 1.14 billion, compared to the average estimate of 1.01billion,representingayearoveryearincreaseof+7.21.01 billion, representing a year-over-year increase of +7.2% [4] - Revenue from Macao totaled 1.77 billion, below the average estimate of 1.88billion,reflectingayearoveryeardeclineof4.91.88 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 262.80million,markinga+2.7262.80 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 776.48million,indicatingan8.8776.48 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 266.22million,representinga+16.2266.22 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 507.73million,reflectinga12.1507.73 million, reflecting a -12.1% year-over-year change [4] - Sands Macao reported net revenues of 86 million, exceeding the average estimate of 82.56million,withayearoveryearincreaseof+6.282.56 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]