Shares of Las Vegas Sands LVS decreased 0.94% in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share decreased 245.83% year over year to ($1.05), which missed the estimate of ($0.72).
Revenue of $98,000,000 decreased by 97.06% year over year, which missed the estimate of $563,750,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Jul 22, 2020
Time: 04:30 PM
Recent Stock Performance
52-week high: $74.29
52-week low: $33.30
Price action over last quarter: Up 0.35%
Company Profile
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Sands Cotai Central Londoner, Four Seasons Hotel Macao, and Parisian in Macao, the Marina Bay Sands resort in Singapore, and the Venetian and Palazzo Las Vegas in the U.S. We expect Sands to open a fourth tower in Singapore in mid-2023. The company generates about 90% of its EBITDA from Asia, and its casino operations generate around 70% of sales.
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