Las Vegas Sands Shares Climb Following 4Q Revenue Beat

Dow Jones

Jan 30, 2025

By Connor Hart

Las Vegas Sands' stock price rose after the casino and resort operator posted higher-than-expected revenue in the fourth quarter.

Shares climbed 8%, to $46.92, in after-hours trading Wednesday. The stock is down 11% in the past year.

The Paradise, Nev., company reported a profit of $324 million, or 45 cents a share, compared with $382 million, or 50 cents a share, a year earlier.

Adjusted per-share earnings came in at 54 cents, missing the 58 cents that analysts polled by FactSet expected.

Revenue fell 0.7% to $2.9 billion but came in ahead of the $2.85 billion that analysts forecast.

Casino revenue fell to $2.1 billion from $2.11 billion last year, and room revenue declined to $317 million from $323 million.

Chief Executive Robert Goldstein said Macao recovery continued during the quarter, though visitor spending remains below pre-pandemic levels. The company's Marina Bay Sands resort in Singapore experienced what he called outstanding financial and operating performance.

"We remain enthusiastic about our 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," he said.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

January 29, 2025 18:29 ET (23:29 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2507660115"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2507660115\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2507660115?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-30 07:29","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2507660115","market":"fut","top_or_hot":-1,"title":"Las Vegas Sands Shares Climb Following 4Q Revenue Beat","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Connor Hart \n</p>\n<pre>\n \n</pre>\n<p>\n  Las Vegas Sands' stock price rose after the casino and resort operator posted higher-than-expected revenue in the fourth quarter. \n</p>\n<p>\n  Shares climbed 8%, to $46.92, in after-hours trading Wednesday. The stock is down 11% in the past year. \n</p>\n<p>\n  The Paradise, Nev., company reported a profit of $324 million, or 45 cents a share, compared with $382 million, or 50 cents a share, a year earlier. \n</p>\n<p>\n  Adjusted per-share earnings came in at 54 cents, missing the 58 cents that analysts polled by FactSet expected. \n</p>\n<p>\n  Revenue fell 0.7% to $2.9 billion but came in ahead of the $2.85 billion that analysts forecast. \n</p>\n<p>\n  Casino revenue fell to $2.1 billion from $2.11 billion last year, and room revenue declined to $317 million from $323 million. \n</p>\n<p>\n  Chief Executive Robert Goldstein said Macao recovery continued during the quarter, though visitor spending remains below pre-pandemic levels. The company's Marina Bay Sands resort in Singapore experienced what he called outstanding financial and operating performance. \n</p>\n<p>\n  \"We remain enthusiastic about our 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,\" he said. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 29, 2025 18:29 ET (23:29 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Las Vegas Sands Shares Climb Following 4Q Revenue Beat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLas Vegas Sands Shares Climb Following 4Q Revenue Beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-30 07:29</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Connor Hart \n</p>\n<pre>\n \n</pre>\n<p>\n  Las Vegas Sands' stock price rose after the casino and resort operator posted higher-than-expected revenue in the fourth quarter. \n</p>\n<p>\n  Shares climbed 8%, to $46.92, in after-hours trading Wednesday. The stock is down 11% in the past year. \n</p>\n<p>\n  The Paradise, Nev., company reported a profit of $324 million, or 45 cents a share, compared with $382 million, or 50 cents a share, a year earlier. \n</p>\n<p>\n  Adjusted per-share earnings came in at 54 cents, missing the 58 cents that analysts polled by FactSet expected. \n</p>\n<p>\n  Revenue fell 0.7% to $2.9 billion but came in ahead of the $2.85 billion that analysts forecast. \n</p>\n<p>\n  Casino revenue fell to $2.1 billion from $2.11 billion last year, and room revenue declined to $317 million from $323 million. \n</p>\n<p>\n  Chief Executive Robert Goldstein said Macao recovery continued during the quarter, though visitor spending remains below pre-pandemic levels. The company's Marina Bay Sands resort in Singapore experienced what he called outstanding financial and operating performance. \n</p>\n<p>\n  \"We remain enthusiastic about our 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,\" he said. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 29, 2025 18:29 ET (23:29 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LVS","symbol_name":"金沙集团","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2507660115","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2507660115","pubTimestamp":1738193340,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Las Vegas Sands' stock price rose after the casino and resort operator posted higher-than-expected revenue in the fourth quarter.Shares climbed 8%, to $46.92, in after-hours trading Wednesday. The stock is down 11% in the past year.The Paradise, Nev., company reported a profit of $324 million, or 45 cents a share, compared with $382 million, or 50 cents a share, a year earlier.Adjusted per-share earnings came in at 54 cents, missing the 58 cents that analysts polled by FactSet expected.Revenue fell 0.7% to $2.9 billion but came in ahead of the $2.85 billion that analysts forecast.Casino revenue fell to $2.1 billion from $2.11 billion last year, and room revenue declined to $317 million from $323 million.Chief Executive Robert Goldstein said Macao recovery continued during the quarter, though visitor spending remains below pre-pandemic levels. The company's Marina Bay Sands resort in Singapore experienced what he called outstanding financial and operating performance.\"We remain enthusia","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"LVS":"金沙集团"},"translate_title":"拉斯维加斯金沙集团股价在第四季度营收超出预期后上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LVS":1},"content_text":"By Connor Hart \n\n\n \n\n\n  Las Vegas Sands' stock price rose after the casino and resort operator posted higher-than-expected revenue in the fourth quarter. \n\n\n  Shares climbed 8%, to $46.92, in after-hours trading Wednesday. The stock is down 11% in the past year. \n\n\n  The Paradise, Nev., company reported a profit of $324 million, or 45 cents a share, compared with $382 million, or 50 cents a share, a year earlier. \n\n\n  Adjusted per-share earnings came in at 54 cents, missing the 58 cents that analysts polled by FactSet expected. \n\n\n  Revenue fell 0.7% to $2.9 billion but came in ahead of the $2.85 billion that analysts forecast. \n\n\n  Casino revenue fell to $2.1 billion from $2.11 billion last year, and room revenue declined to $317 million from $323 million. \n\n\n  Chief Executive Robert Goldstein said Macao recovery continued during the quarter, though visitor spending remains below pre-pandemic levels. The company's Marina Bay Sands resort in Singapore experienced what he called outstanding financial and operating performance. \n\n\n  \"We remain enthusiastic about our 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,\" he said. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 29, 2025 18:29 ET (23:29 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}