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Las Vegas Sands (LVS)
NYSE:LVS
Earnings Data
Report Date
Apr 16, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.59Last Year’s EPS
0.75Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 29, 2025
|% Change Since: 4.15%
|Next Earnings Date:Apr 16, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights significant growth in the Macao and Singapore markets and strategic investments in property expansions. However, there were notable challenges with EBITDA impacts in Macao and a decrease in turnover rents.Company Guidance
During the Sands Fourth Quarter 2024 Earnings Call, the company provided detailed guidance and metrics regarding its performance and future expectations. In Macao, gaming revenue grew 6% year-over-year in Q4, with mass gaming revenue up by 5%. The company anticipates that Macao's gross gaming revenue will exceed $30 billion in 2025, driven by high-quality assets and increased room inventory, including the upcoming completion of the Londoner with 1,500 suites and 905 rooms by May 2025. Macao's EBITDA for the quarter was $571 million, with a potential $22 million increase if not for lower-than-expected hold in the rolling segment. The EBITDA margin for Macao properties, excluding the Londoner, was 35.1%. In Singapore, Marina Bay Sands reported $537 million in adjusted property EBITDA, with mass gaming revenue reaching $746 million, reflecting substantial growth from previous years. The company's capital investment programs are expected to bolster growth, with the completion of a $1.75 billion investment by mid-2025. Additionally, Sands repurchased $450 million of LVS stock and $250 million of Sands China stock, while increasing the annual dividend to $1 per share for 2025. The guidance emphasized the company's strategic focus on high-quality tourism and market-leading assets to drive long-term growth and shareholder returns.Growth in Macao Market
Gaming revenue in Macao grew by 6% in Q4 2024 compared to Q4 2023, with mass gaming revenue increasing by 5%.
Strong Performance in Singapore
Marina Bay Sands reported $537 million in adjusted property EBITDA, showing a 28% growth compared to the previous year.
Londoner Grand Expansion
The Londoner Grand Casino opened its doors in late September with 315 suites, and the full complement of 1,500 suites and rooms is expected by May 2025.
Capital Return to Shareholders
Repurchased $450 million of LVS stock and increased the annual dividend to $1 per share for 2025.
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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
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LVS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 29, 2025 | $43.18 | $47.96 | +11.07% |
| Oct 23, 2024 | $50.54 | $51.96 | +2.81% |
| Jul 24, 2024 | $39.72 | $38.75 | -2.44% |
| Apr 17, 2024 | $49.27 | $45.00 | -8.67% |
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.
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FAQ
When does Las Vegas Sands (LVS) report earnings?
Las Vegas Sands (LVS) is schdueled to report earning on Apr 16, 2025, TBA Not Confirmed.
What is Las Vegas Sands (LVS) earnings time?
Las Vegas Sands (LVS) earnings time is at Apr 16, 2025, TBA Not 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 LVS EPS forecast?
LVS EPS forecast for the fiscal quarter 2025 (Q1) is 0.59.
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