LVS Stock Recent News

MACAO , Aug. 1, 2024 /PRNewswire/ -- Sands China Ltd. has earned Top 1% rankings in both the China edition and the Global edition of the S&P Global Sustainability Yearbook 2024, a testament to the company's impressive ESG (environmental, social and governance) achievements.

As a rule of thumb, investors should avoid targeting companies that have suffered steep losses. You might think that circumstances can't get any worse.

Las Vegas Sands' (LVS) second-quarter 2024 results reflect continuous performance improvements in Macao and Singapore. Yet, travel recovery softness compared with pre-pandemic levels in Macao is a concern.

Part of company's ongoing Community Revitalisation Series MACAO , July 25, 2024 /PRNewswire/ -- Sands China Ltd. disclosed the results of its Entrepreneurship Recruitment Programme for Rua das Estalagens, part of the company's ongoing Community Revitalisation Series, at a results announcement ceremony at The Londoner® Macao Thursday.

Although the revenue and EPS for Las Vegas Sands (LVS) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Las Vegas Sands (LVS) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.46 per share a year ago.

For the quarter ended June 30, 2024 Net Revenue of $2.76 billion and Net Income of $424 million Consolidated Adjusted Property EBITDA of $1.07 billion Macao Adjusted Property EBITDA of $561 million Low Hold on Rolling Play in Macao Negatively Impacted Adjusted Property EBITDA by $4 million Marina Bay Sands Adjusted Property EBITDA of $512 million High Hold on Rolling Play at Marina Bay Sands Positively Impacted Adjusted Property EBITDA by $64 million LVS Repurchased $400 million of Common Stock LAS VEGAS , July 24, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS), the leading global developer and operator of Integrated Resorts, today reported financial results for the quarter ended June 30, 2024. "Our financial and operating results for the second quarter of 2024 reflect growth in both Macao and Singapore compared to the second quarter of 2023.

July 18-21 event supported Macao's "tourism+" initiative  Free business platform for local SMEs and Sands retailers    MACAO , July 24, 2024 /PRNewswire/ -- The 2024 Sands Shopping Carnival successfully drew to a close Sunday at The Venetian® Macao's Cotai Expo, after setting an all-time high of 120,000 visits during four days of shopping, activities and performances. The Sands Shopping Carnival has welcomed over 540,000 visitors since its 2020 debut, becoming an annual signature event for Sands China.

LAS VEGAS , July 17, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) will release its second quarter 2024 financial results on Wednesday, July 24, 2024, after market close. The company will host a conference call to discuss its results at approximately 1:30 p.m.

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