Stock Track | Las Vegas Sands Surges 7.3% as Q4 Revenue Beat Offsets Earnings Miss Amid Asia Recovery

Stock Track
01-30

Las Vegas Sands Corp's (LVS) stock soared 7.3% in post-market trading on Wednesday, as the casino operator's fourth-quarter revenue beat offset an earnings miss, fueling investor optimism about the company's recovery prospects in Asia.

The company reported revenue of $2.9 billion for the quarter, exceeding analysts' expectations of $2.87 billion. This performance was driven by robust results at Marina Bay Sands in Singapore, where the company experienced "outstanding financial and operating performance."

However, Las Vegas Sands' adjusted earnings per share of $0.54 fell short of the consensus estimate of $0.60, as the company's operations in Macao continued to face challenges in recovering from the pandemic. Despite the earnings miss, the company's CEO Robert Goldstein expressed enthusiasm about the "opportunities to deliver industry-leading growth in both Macao and Singapore in the years ahead as we execute our capital investment programs in both markets."

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10