Las Vegas Sands (CH:LVS)
:LVS
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Earnings Data
Report Date
Apr 22, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.59Last Year’s EPS
0.46Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights exceptionally strong results at Marina Bay Sands (record quarterly EBITDA and high margins), accelerating rolling volumes and active capital returns, which are tempered by disappointing Macao EBITDA, margin compression from mix shifts toward lower-margin premium/rolling business, elevated promotional intensity and some volatility from hold and tax impacts. Management is optimistic about trajectory and conversion to improved results in 2026 but acknowledges near-term margin pressure in Macao.Company Guidance
Record Marina Bay Sands Quarter
Marina Bay Sands (MBS) generated a record quarterly EBITDA of $806 million (margin 50.3%), described as the greatest quarter in casino-hotel history; company-level EBITDA for the year was cited at approximately $2.9 billion.
Strong Mass Gaming Growth
Mass gaming and spot win totaled ~$951 million for the quarter, up ~27% year-over-year (and up ~118% versus Q4 2019), supporting elevated revenues at MBS and across the portfolio.
Major Acceleration in Rolling Chip Volume
Rolling chip volume in Macao accelerated meaningfully, reported up ~60% versus prior year, contributing to revenue growth in premium segments and outgrowing a fast-growing market.
Successful New Product & Asset Investments
Investments (e.g., Londoner Grand ramp-up, suite and product upgrades at properties) are driving customer adoption and higher productivity at high-end offerings; MBS renovations remain largely complete with additional targeted investments ongoing.
Shareholder Returns and Balance Sheet Actions
Company repurchased $500 million of LVS stock during the quarter, bought $66 million of SCL stock (raising ownership in SCL to 74.8% as of 12/31/2025), and paid the recurring quarterly dividend of $0.25 per share — signaling active capital return and buyback activity.
Operational Momentum and Strategic Position
Management reports strong visitation (Sands China approaching 2019 visitation levels) and favorable customer mix at MBS with geographic diversity of demand; leadership expresses confidence in continued growth and conversion of revenue into EBITDA over time.
CH:LVS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CH:LVS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 28, 2026 | CHF61.80 | CHF61.80 | 0.00% |
Oct 22, 2025 | CHF61.80 | CHF61.80 | 0.00% |
Jul 23, 2025 | CHF61.80 | CHF61.80 | 0.00% |
Apr 23, 2025 | CHF61.80 | CHF61.80 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Las Vegas Sands (CH:LVS) report earnings?
Las Vegas Sands (CH:LVS) is schdueled to report earning on Apr 22, 2026, After Close (Confirmed).
What is Las Vegas Sands (CH:LVS) earnings time?
Las Vegas Sands (CH:LVS) earnings time is at Apr 22, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Las Vegas Sands stock?
The P/E ratio of Las Vegas Sands is N/A.
What is CH:LVS EPS forecast?
CH:LVS EPS forecast for the fiscal quarter 2026 (Q1) is 0.59.
