Las Vegas Sands Reports Second Quarter 2017 Results

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Las Vegas Sands (LVS) PT Raised to $54 at Deutsche Bank

July 27, 2017 8:24 AM EDT

Deutsche Bank raised its price target on Las Vegas Sands (NYSE: LVS) to $54.00 (from $52.00) while maintaining a Hold rating.

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Las Vegas Sands (LVS) Tops Q2 EPS by 14c

July 26, 2017 4:04 PM EDT

Las Vegas Sands (NYSE: LVS) reported Q2 EPS of $0.73, $0.14 better than the analyst estimate of $0.59. Revenue for the quarter came in at $3.14 billion versus the consensus estimate of $3 billion.

Mr. Sheldon G. Adelson, chairman and chief executive officer, said, "We are pleased to have delivered a strong set of financial results during the quarter, led by another quarter of growth in Macao and a record-setting performance in Singapore. The benefits of our convention-based Integrated Resort business model remain evident in our financial results, with adjusted property EBITDA increasing 26.5% compared to the second quarter of... More