|Bid||66.78 x 800|
|Ask||66.85 x 1200|
|Day's Range||66.52 - 67.98|
|52 Week Range||47.39 - 81.45|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||33.85|
|Forward Dividend & Yield||3.08 (5.05%)|
|1y Target Est||N/A|
Las Vegas Sands' (LVS) top-line growth in first-quarter 2019 can be primarily attributed to increased revenues at casino, rooms and mall. Also, it generated solid revenues from Macao operations.
rose on Thursday after the company reported better-than-expected quarterly earnings on the back of gains at its Macau operations. Shares of Las Vegas Sands climbed nearly 2%, or $1.29, to $69.18 in early trading on the New York Stock Exchange after the company said it earned $744 million, or 91 cents an adjusted share, vs. $1.62 billion, or $1.04 an adjusted share, a year earlier. "We are pleased to have delivered strong financial results in the quarter, led by consistent growth in the mass and non-gaming segments in Macau," CEO Sheldon Adelson said in a statement, adding that development of the company's Four Seasons and Londoner properties there were progressing well.
Financial documents suggested Wednesday that Las Vegas Sands Corp. paid $96 million to settle a 15-year breach-of-contract dispute with a Hong Kong businessman who helped the U.S. company open its first casino in the Chinese gambling enclave of Macau. The amount was listed as a "nonrecurring legal settlement" in a $582 million quarterly earnings report by the publicly traded company headed by casino mogul Sheldon Adelson. No dollar amount was disclosed March 14 when the settlement between Sands and Richard Suen and his company, Round Square Co., was announced in a Las Vegas courtroom.
Las Vegas Sands (NYSE:LVS) posted its quarterly earnings results late in the day Wednesday and it was a doozy as the company's earnings were well ahead of what analysts called for, while its revenue was also stronger than predicted, helping to lift LVS stock up more than 2% after hours.Source: Shutterstock The Las Vegas-based casino and resort business announced that for its latest quarter, it brought in earnings of 91 cents per share on an adjusted basis, which was a decline from the year-ago quarter. However, the figure was 6 cents per share stronger than the 85 cents per share that analysts called for, according to a Zacks Investment Research survey.Las Vegas Sands added that its revenue for the period came in at $3.65 billion, which is also stronger than the $3.51 billion that the Wall Street guidance called for, according to figures provided by Zacks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe company's resorts include a number of entertainment options, gaming, accommodations, conventions, as well as exhibition facilities. You can also find restaurants, clubs, and an art and science museum in its Singapore locations. Sheldon Adelson is the majority owner and CEO of Las Vegas Sands.LVS stock is up about 2.3% after the bell following a strong quarterly earnings performance from the casino and resort operator. Shares had been sliding close to 0.4% during regular trading hours as the company geared up to report its results for its latest period. More From InvestorPlace * 7 Marijuana Companies: Which Pot Stocks Should You Buy? * 10 S&P 500 Stocks to Buy Off Their Lows * 7 Stocks to Buy for Spring Season Growth Compare Brokers The post Las Vegas Sands Earnings: LVS Stock Surges on Earnings, Sales Beat appeared first on InvestorPlace.
Las Vegas Sands (LVS) delivered earnings and revenue surprises of 7.06% and 4.02%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Check out the companies making headlines after the bell:Shares of Las Vegas Sands LVS jumped more than 4% in extended trading Wednesday following the release of the company's first-quarter earnings.
Key InsightsSands is continuing to expand in Macau. Construction and development work on the Four Seasons Tower Suites and Londoner Macao is progressing, said the company, which uses an alternate spelling for the region. Results were also lower in Las Vegas, the company’s home market.
Las Vegas Sands earnings and revenue topped Q1 estimates. Las Vegas Sands stock rose late, along with other Macau-focused gaming stocks.
On a per-share basis, the Las Vegas-based company said it had net income of 75 cents. Earnings, adjusted for one-time gains and costs, were 91 cents per share. The results surpassed Wall Street expectations. ...
Las Vegas Sands (LVS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Las Vegas Sands is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Las Vegas Sands' (LVS) top line in first-quarter 2019 is likely to be impacted by dismal performance of the company's Las Vegas operations, Marine Bay Sands and Sand Cotai Central segments.
Las Vegas Sands Corp NYSE:LVSView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for LVS with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting LVS. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.66 billion over the last one-month into ETFs that hold LVS are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.