Las Vegas Sands (LVS) Misses Q4 EPS by 7c

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Las Vegas Sands Reports Fourth Quarter 2018 Results

January 23, 2019 4:05 PM EST

LAS VEGAS, Jan. 23, 2019 /PRNewswire/ --

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

- Consolidated Net Revenue Increased 2.5% to $3.48 Billion

- Due to U.S. Tax Reform, Net Loss of $40 Million and $0.22 per Diluted Share Includes a Nonrecurring Non-Cash Income Tax Expense of $727 Million

- Adjusted Earnings per Diluted Share Was $0.77 and Excludes the $0.93 Impact per Diluted Share Due to U.S. Tax Reform

- Hold-Normalized Adjusted Property EBITDA Increased 0.2% to $1.30 Billion, Consolidated Adjusted Property EBITDA Was $1.27 Billion

- In Macao,... More