Las Vegas Sands Q4 Adj EPS $0.57 Misses $0.61 Estimate, Sales $2.92B Beat $2.90B Estimate
Portfolio Pulse from Benzinga Newsdesk
Las Vegas Sands Corp. (LVS) reported Q4 adjusted earnings per share (EPS) of $0.57, missing the consensus estimate of $0.61 by 6.56%. However, the company's quarterly sales of $2.92 billion exceeded expectations of $2.90 billion by 0.52%. These results represent a significant improvement from the same period last year, with a 400% increase in EPS from a loss of $(0.19) and a 160.97% increase in sales from $1.12 billion.
January 24, 2024 | 9:07 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Las Vegas Sands missed Q4 EPS estimates but surpassed revenue expectations, showing significant year-over-year growth.
The EPS miss may negatively impact investor sentiment in the short term, but the sales beat and substantial year-over-year growth could offset this. The mixed results present a neutral outlook for the stock price in the immediate future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100