LVSC(US:LVS) Zacks Investment Researchยท2024-04-17 22:16Company Performance - Las Vegas Sands reported quarterly earnings of $0.75 per share, exceeding the Zacks Consensus Estimate of $0.62 per share, and up from $0.28 per share a year ago, representing an earnings surprise of 20.97% [1] - The company posted revenues of $2.96 billion for the quarter ended March 2024, surpassing the Zacks Consensus Estimate by 0.64%, and an increase from $2.12 billion year-over-year [1] - Over the last four quarters, Las Vegas Sands has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [1] Future Outlook - The stock's immediate price movement will depend on management's commentary during the earnings call and the earnings outlook, which includes current consensus earnings expectations for upcoming quarters [2][3] - The current consensus EPS estimate for the coming quarter is $0.65 on revenues of $2.99 billion, and for the current fiscal year, it is $2.73 on revenues of $12.24 billion [4] Industry Context - The Gaming industry, to which Las Vegas Sands belongs, is currently ranked in the bottom 29% of over 250 Zacks industries, indicating potential challenges for stock performance [5] - Century Casinos, another company in the same industry, is expected to report a quarterly loss of $0.53 per share, reflecting a significant year-over-year decline, while its revenues are projected to be $139.7 million, up 28.7% from the previous year [5]