Las Vegas Sands (LVS) Tops Q1 EPS by 19c

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Go back to Las Vegas Sands (LVS) Tops Q1 EPS by 19c

Las Vegas Sands Reports First Quarter 2018 Results

April 25, 2018 4:01 PM EDT

LAS VEGAS, April 25, 2018 /PRNewswire/ --

For the Quarter Ended March 31, 2018(Compared to the Quarter Ended March 31, 2017)

- Consolidated Net Revenue Increased 16.7% to $3.58 Billion

- Net Income Increased 179.1% to $1.62 Billion, Which Includes a Nonrecurring Non-Cash Income Tax Benefit of $670 Million ($0.85 per Diluted Share)

- GAAP Earnings per Diluted Share Increased 201.6% to $1.84; Adjusted Earnings per Diluted Share Increased 57.6% to $1.04

- Consolidated Adjusted Property EBITDA Increased 30.7% to $1.50 Billion, While Hold-Normalized Adjusted Property EBITDA Increased 20.2% to $1.37 Billion

- In Macao, Adjusted Property EBITDA Increased 26.0% to $789 Million, While Hold-Normalized... More