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Barchart
Barchart
Aditya Sarawgi

Las Vegas Sands’ Quarterly Earnings Preview: What You Need to Know

Las Vegas Sands LVS

Nevada-based Las Vegas Sands Corp. (LVS) develops, owns, and operates six integrated resorts in Macau and Singapore. Valued at $28 billion by market cap, the company’s integrated resorts feature luxurious accommodations, casinos, entertainment, malls, celebrity chef restaurants, and other amenities.

The resort giant is expected to announce its first-quarter results on Wednesday, Apr. 16. Ahead of the event, analysts expect LVS to deliver an adjusted EPS of $0.63, down 16% from $0.75 reported in the year-ago quarter. Meanwhile, the company has a mixed earnings surprise history. It missed the Street’s bottom-line estimates thrice over the past four quarters while exceeding on one other occasion. Its adjusted EPS of $0.54 for the last reported quarter missed the consensus estimates by 10%.

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