Casino firm Las Vegas Sands Q3 operating profit beats estimates

Las Vegas Sands

22/10/2025 21:33

Overview

Las Vegas Sands Q3 revenue of $3.33 bln beats analyst expectations

Operating profit for Q3 at $719 mln, surpassing analyst estimates

Company repurchased $500 mln in stock, boosting shareholder returns

Outlook

Las Vegas Sands plans to leverage growth opportunities in Macao and Singapore

Company emphasizes financial strength to support investments and shareholder returns

Company highlights expansion of travel and tourism spending in Asia

Result Drivers

HIGH HOLD IMPACT - High hold on rolling play at Marina Bay Sands and Macao positively impacted adjusted property EBITDA by $43 mln and $2 mln, respectively

SHAREHOLDER RETURNS - Co repurchased $500 mln of common stock and increased stock repurchase authorization to $2.0 bln, also raised annual dividend to $1.20 per share

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$3.33 bln
$3.04 bln (14 Analysts)
Q3 Net Income
$491 mln
Q3 Operating profit
Beat
$719 mln
$706.90 mln (12 Analysts)
Q3 Capex
$229 mln
Q3 Pretax Profit
$582 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the casinos & gaming peer group is "buy"

Wall Street's median 12-month price target for Las Vegas Sands Corp is $60.00, about 15.6% above its October 21 closing price of $50.62

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nPnbvN80Ra

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)