Las Vegas Sands climbs after Q3 profit beat

Las Vegas Sands

23/10/2025 11:21

** Shares of casino operator Las Vegas Sands LVS.N up 5.7% at $53.50 premarket after co beats Q3 profit estimates

** Co reports adj. EPS of 78 cents vs estimates of 60 cents; revenue rises to $3.33 bln vs $3.03 bln expected - data compiled by LSEG

** Macau revenue up 7.6% to $1.91 bln; Singapore revenue surges 56.3% to $1.44 bln, both topping forecasts

** “In Singapore, Marina Bay Sands once again delivered outstanding performance, and our new suite product and elevated service offerings position us for additional growth as travel and tourism spending in Asia expands,” said CEO Robert G. Goldstein

** Company boosts annual dividend to $1.20 per share and expands stock buyback program to $2 bln

** 14 out of 19 analysts rate stock "buy" or higher, five "hold"; median PT at $61.35 - data compiled by LSEG

** LVS shares down 1.4% YTD

(Reporting by Tharuniyaa Lakshmi in Bengaluru)

((tharuniyaa@thomsonreuters.com))