Las Vegas Sands (LVS) PT Raised to $52 at Deutsche Bank
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Las Vegas Sands Reports First Quarter 2017 Results
April 26, 2017 4:01 PM EDTLAS VEGAS, April 26, 2017 /PRNewswire/ --
For the Quarter Ended March 31, 2017 (Compared to the Quarter Ended March 31, 2016)
- Consolidated Net Revenue Increased 14.3% to $3.11 Billion
- Net Income Increased 41.3% to $578 Million
- GAAP Earnings per Diluted Share Increased 50% to $0.60; Adjusted Earnings per Diluted Share Increased 40.4% to $0.66; and Hold-Normalized Adjusted Earnings per Diluted Share Increased 11.9% to $0.66
- Consolidated Adjusted Property EBITDA Increased 24.9% to $1.15 Billion, With Margin Increasing 310 Basis Points to 36.9%
- Hold-Normalized Adjusted Property EBITDA Increased 9.5% to $1.14 Billion, With Margin Increasing 50 Basis Points to 36.7%
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