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Barchart
Barchart
Sristi Jayaswal

What You Need to Know Ahead of Las Vegas Sands’ Earnings Release

Las Vegas Sands LVS

Nevada-based Las Vegas Sands Corp. (LVS) develops, owns, and operates numerous integrated resorts in Macao and Singapore. Commanding a market cap of $31.4 billion, its integrated resorts feature luxurious accommodations, casinos, entertainment, malls, celebrity chef restaurants, and other amenities. Las Vegas Sands is expected to announce its fiscal Q2 earnings on Wednesday, July 17.

Ahead of the event, analysts expect Las Vegas Sands to report a profit of $0.60 per share, up 30.4% from $0.46 per share reported in the year-ago quarter. The company has surpassed Wall Street’s EPS projections in three of the past four quarters while missing on one other occasion.

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