UPDATE: Las Vegas Sands (LVS) Misses Q2 EPS by 5c
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Las Vegas Sands (LVS) Makes Red to Green Reversal
July 17, 2014 10:39 AM EDTLas Vegas Sands (NYSE: LVS) stock turned north mid-morning Thursday, easing an earlier decline in the wake of Q2 results.
... MoreGoldman Sachs Comments on Las Vegas Sands (LVS) Q2
July 17, 2014 9:48 AM EDTGoldman Sachs maintained a Buy rating on Las Vegas Sands (NYSE: LVS). Analyst Steven Kent thinks its share buyback is a positive, although Macau missed expectations. Overall, he expects the stock will be pressured today.
"After the close, LVS reported 2Q results that missed forecasts. Adjusted property EBITDA of $1.31bn came in below GS/consensus at $1.36bn. The main... More
Deutsche Bank Comments on Labor Cost Inflation in Macau (MPEL) (LVS) (MGM) (WYNN)
July 17, 2014 9:21 AM EDTIn a research note Thursday, analyst Karen Tang of Deutsche Bank discussed labor cost inflation in Macau. Comments follow results from Sands China.
"This morning, Sands China reported a disappointing 2Q results as its EBITDA margin fell 100bps qoq to 33.6%. A key reason was higher-than-expected staff costs, which... More
Las Vegas Sands (LVS) Bullish Stance Reiterated at Nomura Post Q2
July 17, 2014 8:12 AM EDTNomura Securities analyst Harry Curtis reiterated a Buy rating and $106 price target Las Vegas Sands (NYSE: LVS) following Q2 results
Curtis commented, "LVS reported 2Q net-EBITDA of $1.27b, vs. cons $1.33b. Macau EBITDA was $801mn (including a $29mn bonus accrual, high VIP... More
Las Vegas Sand (LVS) PT, Estimates Trimmed at BofA/Merrill Lynch Post Q2; Reset to Expectations
July 17, 2014 7:16 AM EDTBofA/Merrill Lynch analyst Shaun Kelley reiterated a Buy rating and trimmed their price target to $95 (from $98) on Las Vegas Sands (NYSE: LVS) saying Q2 reset to expectations in Macau and they are tweaking estimates lower.
Kelly comments, "The bulk of the... More
Las Vegas Sands (LVS) Declares $0.50 Quarterly Dividend; 2.7% Yield
July 16, 2014 4:14 PM EDTLas Vegas Sands (NYSE: LVS) declared a quarterly dividend of $0.50 per share, or $2 annualized.
The dividend will be payable on September 30, 2014, to stockholders of record on September 22, 2014, with an ex-dividend date of September 18, 2014.
The annual yield on the dividend is 2.7... More
