Las Vegas Sands Reports Fourth Quarter 2024 Results
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Las Vegas Sands (NYSE: LVS) reported its Q4 2024 financial results, showing a net revenue of $2.90 billion and a net income of $392 million. The company repurchased $450 million of its common stock and acquired $250 million of SCL stock. Adjusted Property EBITDA was impacted by low hold in Macao and high hold at Marina Bay Sands.
January 29, 2025 | 9:15 pm
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Las Vegas Sands reported Q4 2024 results with $2.90 billion in revenue and $392 million in net income. The company repurchased $450 million of its stock and acquired $250 million of SCL stock. EBITDA was affected by hold variations in Macao and Marina Bay Sands.
The positive financial results, including significant revenue and net income, along with strategic stock repurchases and acquisitions, suggest a positive short-term impact on LVS stock. The impact of hold variations on EBITDA is a minor concern but overall results are strong.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100