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CNBC's Contessa Brewer joins 'Closing Bell Overtime' with breaking news surrounding Miriam Adelson's sale of Las Vegas Sands' stock.
It's not clear which team or sport Adelson would target.
Las Vegas Sands stock has been a mixed performer this year, remaining roughly flat year-to-date, compared to the broader S&P 500 which remains up by over 19% over the
International casino resort operator Las Vegas Sands Co. NYSE: LVS name may be slightly misleading now since they no longer own or operate any casinos in Las Vegas or the U.S. The company operates integrated casino resorts in Macao and Singapore. It had sold off its remaining Las Vegas properties Venetian and Palazzo reports to Apollo Global Management Inc. NYSE: APO and Vici Properties in 2022 for $6.25 billion.
Las Vegas Sands Corp. (LVS) reported third-quarter 2023 results, with earnings and revenues beating the Zacks Consensus Estimate.
CNBC's Contessa Brewer reports on the latest details from Las Vegas Sands' earnings results.
Las Vegas Sands' (LVS) third-quarter 2023 results reflect a notable recovery in travel and tourism spending in both Macao and Singapore.
With Singapore exceeding pre-pandemic levels and Macao recovering, Las Vegas Sands announced $2 billion in buybacks and a plan to put its pile of cash to work.
Las Vegas Sands Corp. (NYSE:LVS ) Q3 2023 Earnings Conference Call October 18, 2023 4:30 PM ET Company Participants Daniel Briggs - SVP, IR Robert Goldstein - Chairman & CEO Patrick Dumont - President & Chief Operating Officer Grant Chum - EVP of Asia Operations & COO of Sands China Conference Call Participants Carlo Santarelli - Deutsche Bank Joe Greff - JPMorgan Robin Farley - UBS Stephen Grambling - Morgan Stanley Shaun Kelley - Bank of America Brandt Montour - Barclays Daniel Politzer - Wells Fargo David Katz - Jefferies Operator Good day, ladies and gentlemen, and welcome to the Sands Third Quarter 2023 Earnings Conference Call. At this time, all participants have been placed on listen-only mode.
Las Vegas Sands (LVS) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to loss of $0.27 per share a year ago.