Shares of the top casino resort operator jumped in after-hours trading after its Q4 EPS slid a bit to 54 cents, missing by 5 cents, but sales climbed 21% to $3.08 bil, topping estimates for $3.01 bil. Las Vegas Sands (LVS) said strong revenue from Macau, China, casinos was a driver. CEO Sheldon Adelson said, "We welcomed a record 11 million visitors to our Cotai Strip (Macau) Properties during the quarter" and 5 mil in December. Shares of Wynn Resorts (WYNN) and MGM Resorts (MGM) also rose late.
- Investment & Company Information
- Las Vegas Sands
- Sheldon Adelson
- Wynn Resorts