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A Look Ahead At Las Vegas Sands' Q2 Earnings

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Las Vegas Sands (NYSE: LVS) releases its next round of earnings this Wednesday. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report.

Earnings and Revenue

Wall Street analysts see Las Vegas Sands reporting earnings of 80 cents per share on sales of $3.29 billion.

In the same quarter last year, Las Vegas Sands posted EPS of 73 cents on sales of $3.14 billion. If the company were to match the consensus estimate when it reports Wednesday, earnings would be up 9.59 percent. Revenue would be up 4.74 percent from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q1 2018 Q4 2017 Q3 2017 Q2 2017
EPS Estimate 0.85 0.75 0.68 0.59
EPS Actual 1.04 0.88 0.77 0.73

Stock Performance

Over the last 52-week period, shares are up 19.47 percent. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The popular 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' Q2 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here: https://investor.sands.com/English/ir-home/default.aspx

Posted-In: Earnings News

 

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