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Las Vegas Sands (NYSE:LVS) announces its next round of earnings this Wednesday. Here is Benzinga's everything-that-matters guide for the Q3 earnings announcement.
Earnings and Revenue
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Analysts covering Las Vegas Sands modeled for quarterly EPS of 75 cents on revenue of $3.28 billion.
Las Vegas Sands reported a per-share profit of 77 cents when it published results during the same quarter last year. Sales in that period totaled $3.37 billion. The analyst consensus estimate would represent a 2.60% decrease in the company's earnings. Sales would have fallen 2.73% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 |
| EPS Estimate | 0.780 | 0.860 | 0.83 | 0.81 |
| EPS Actual | 0.720 | 0.910 | 0.77 | 0.77 |
Stock Performance
Over the last 52-week period, shares are up 4.15%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on Las Vegas Sands stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Las Vegas Sands is scheduled to hold a conference call at 4:30 p.m. ET and it can be accessed here.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.