Las Vegas Sands Corp reports results for the quarter ended in September 30 - Earnings Summary

Las Vegas Sands

24/10/2024 04:08

* Las Vegas Sands Corp  LVS.N  reported quarterly adjusted
earnings of 44 cents​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 55 cents.  The mean expectation of
fourteen analysts for the quarter was for earnings of 53 cents
per share. Wall Street expected results to range from 48 cents
to 58 cents per share.
    * Revenue fell 4% to $2.68 billion from a year ago; analysts
expected $2.78 billion. 
    * Las Vegas Sands Corp's reported EPS for the quarter was 38
cents​.
    * The company reported quarterly net income of $275 million.
    * Las Vegas Sands Corp shares had risen by 2.8% this
quarter and
gained 5.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.5%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the casinos &
gaming
peer group is also "buy"

Wall Street's median 12-month price target for Las Vegas Sands
Corp is $56.00 
This summary was machine generated from LSEG data October 24 at
03:08 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.53           0.44           Missed
 Jun. 30 2024      0.56           0.55           Missed
 Mar. 31 2024      0.62           0.75           Beat
 Dec. 31 2023      0.61           0.57           Missed