Las Vegas Sands' Miss Sends Competitors' Shares Reeling Pre-Market

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Las Vegas Sands Corp.'s
LVS
big miss early sent competitors' shares reeling in Wednesday's pre-market trading. Sands' slower-than-expected revenue growth from Macau operations resulted in second-quarter adjusted earnings that were four cents below the consensus of $0.89 cents a share. In pre-market trading Sands changed hands at 471.95, down 2.51% Wynn Resorts Ltd.
WYNN
was off 2 percent at $199.81. Wynn is expected to post second-quarter earnings in August of $1.97 a share, on revenue of $1.44 billion. Melco Crown Entertainment Ltd.
MPEL
was off 1.8 percent at $32.45. Analysts expect Melco to post second-quarter earnings next month of $0.36 cents a share on revenue of $1.3 billion.
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