Last week, you might have seen that Las Vegas Sands Corp. (NYSE:LVS) released its annual result to the market. The early response was not positive, with shares down 7.3% to US$41.67 in the past week. Revenues of US$11b were in line with forecasts, although statutory earnings per share (EPS) came in below expectations at US$1.96, missing estimates by 9.7%. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

View our latest analysis for Las Vegas Sands

Taking into account the latest results, the consensus forecast from Las Vegas Sands' 16 analysts is for revenues of US$12.3b in 2025. This reflects a solid 8.6% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to bounce 26% to US$2.55. Before this earnings report, the analysts had been forecasting revenues of US$12.3b and earnings per share (EPS) of US$2.60 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

There were no changes to revenue or earnings estimates or the price target of US$58.48, suggesting that the company has met expectations in its recent result. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Las Vegas Sands, with the most bullish analyst valuing it at US$67.00 and the most bearish at US$51.00 per share. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Las Vegas Sands is an easy business to forecast or the the analysts are all using similar assumptions.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 8.6% growth on an annualised basis. That is in line with its 11% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 9.7% per year. So although Las Vegas Sands is expected to maintain its revenue growth rate, it's only growing at about the rate of the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. The consensus price target held steady at US$58.48, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Las Vegas Sands. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Las Vegas Sands going out to 2027, and you can see them free on our platform here..

Plus, you should also learn about the 3 warning signs we've spotted with Las Vegas Sands .

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.