Las Vegas Sands Q4 operating profit misses estimates

Las Vegas Sands

28/01/2026 21:17

Overview

Integrated resort operator's Q4 revenue rose to $3.65 bln, beating analyst expectations

Operating profit for Q4 missed analyst estimates

Company repurchased $500 mln of common stock during the quarter

Outlook

Las Vegas Sands plans to continue share repurchases with $1.56 bln authorized

Company sees growth in Singapore and Macao driven by capital investments

Las Vegas Sands focuses on investment programs in Singapore and Macao

Result Drivers

HIGH HOLD IMPACT - High hold on rolling play at Marina Bay Sands and Macao positively impacted adjusted property EBITDA by $71 mln

CAPITAL INVESTMENT PROGRAMS - Market-leading capital investment programs in Singapore and Macao positioned for future growth, per CEO Robert G. Goldstein

SHARE REPURCHASE - Repurchased $500 mln of common stock during Q4, reflecting commitment to returning capital to shareholders

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$3.65 bln
$3.34 bln (15 Analysts)
Q4 EPS
$0.58
Q4 Net Income
$448 mln
Q4 Operating profit
Miss
$707 mln
$805.97 mln (11 Analysts)
Q4 Capex
$274 mln
Q4 Pretax Profit
$551 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "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 $69.00, about 14.3% above its January 27 closing price of $60.35

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nPnb7grs5a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)