17.04.2024 22:07:50 - dpa-AFX: Las Vegas Sands Corp. Q1 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - Las Vegas Sands Corp. (LVS) revealed earnings for its
first quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $494 million, or $0.66 per share. This
compares with $147 million, or $0.19 per share, in last year's first quarter.
Excluding items, Las Vegas Sands Corp. reported adjusted earnings of $566
million or $0.75 per share for the period.
Analysts on average had expected the company to earn $0.62 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 39.6% to $2.96 billion from $2.12
billion last year.
Las Vegas Sands Corp. earnings at a glance (GAAP) :
-Earnings (Q1): $494 Mln. vs. $147 Mln. last year.
-EPS (Q1): $0.66 vs. $0.19 last year.
-Revenue (Q1): $2.96 Bln vs. $2.12 Bln last year.
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