Las Vegas Sands Q1 Adj EPS $0.75 Beats $0.62 Estimate, Sales $2.96B Beat $2.94B Estimate
Portfolio Pulse from Benzinga Newsdesk
Las Vegas Sands (NYSE:LVS) reported Q1 adjusted earnings of $0.75 per share, surpassing the consensus estimate of $0.62, marking a 167.86% increase from last year. Sales reached $2.96 billion, exceeding estimates of $2.94 billion and showing a 39.58% increase from the previous year.
April 17, 2024 | 8:06 pm
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POSITIVE IMPACT
Las Vegas Sands reported a significant beat on both earnings and sales estimates for Q1, with a notable year-over-year growth.
The substantial beat on both earnings per share and sales estimates, coupled with the impressive year-over-year growth, is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100