Las Vegas Sands: Q1 Earnings Insights


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Las Vegas Sands (NYSE:LVS) reported its Q1 earnings results on Wednesday, April 19, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Las Vegas Sands beat estimated earnings by 40.0%, reporting an EPS of $0.28 versus an estimate of $0.2.

Revenue was up $1.18 billion from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.1 which was followed by a 6.09% increase in the share price the next day.

Here's a look at Las Vegas Sands's past performance:

QuarterQ4 2022Q3 2022Q2 2022Q1 2022
EPS Estimate-0.09-0.24-0.27
EPS Actual-0.19-0.27-0.34-0.4
Revenue Estimate1.18B992.41M976.10M1.11B
Revenue Actual1.12B1.00B1.04B943.00M

To track all earnings releases for Las Vegas Sands visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EarningsBZI-Recaps