Core Insights - Las Vegas Sands reported $2.9 billion in revenue for Q4 2024, a year-over-year decline of 0.7%, with EPS of $0.54 compared to $0.57 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, reflecting a surprise of -10.00% [1] Financial Performance Metrics - RevPAR for Marina Bay Sands was $874, significantly higher than the average estimate of $740.88 from three analysts [4] - Rolling Chip volume at Marina Bay Sands reached $8.07 billion, surpassing the estimated $7.24 billion [4] - Non-Rolling Chip table games revenue at Marina Bay Sands was $2.34 billion, exceeding the $2 billion average estimate [4] - Slot handle for Marina Bay Sands was $6.57 billion, above the estimated $6.23 billion [4] - Total net revenues for Marina Bay Sands were $1.14 billion, compared to the average estimate of $1.01 billion, representing a year-over-year increase of +7.2% [4] - Revenue from Macao totaled $1.77 billion, below the average estimate of $1.88 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 $262.80 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 $776.48 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 $266.22 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 $507.73 million, reflecting a -12.1% year-over-year change [4] - Sands Macao reported net revenues of $86 million, exceeding the average estimate of $82.56 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]
Las Vegas Sands (LVS) Reports Q4 Earnings: What Key Metrics Have to Say