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Las Vegas Sands Prepares for Q3 Earnings: Key Insights Ahead
ZACKS· 2024-10-14 23:51
文章核心观点 - 拉斯维加斯金沙集团(LVS)第三季度收入可能下降,而盈利预计将保持平稳 [1] - 第三季度收入预计下降0.2%,而盈利与去年同期持平 [2] 收入分析 - 收入下降主要由于访客量恢复放缓、激烈竞争、建设中断和通胀压力等因素的负面影响 [3] - 其中澳门市场面临市场份额挑战,威尼斯人澳门和伦敦人澳门的收入预计分别下降3.8%和0.8% [3] - 但旅游需求复苏、非博彩业务增长以及酒店入住率提升等有利因素,将支撑公司业绩 [4] - 巴黎人澳门、金沙广场和四季酒店、金沙澳门和滨海湾金沙的收入预计分别增长0.5%、15.7%、9.4%和9.1% [4] - 博彩、客房和餐饮收入预计分别增长3.3%、4.4%和10.4% [4] - 公司推出政策措施以提高访客量,有望提振业绩 [5] 盈利预测 - 根据历史数据和当前市场环境,公司有望在第三季度实现盈利超预期 [6] - 其他同行如AMC、BOWL和BYD也有望在本季度业绩超预期 [7][8]
Las Vegas Sands and Hispanic Association of Colleges and Universities Select 13 Hospitality Scholarship Recipients
Prnewswire· 2024-10-11 01:00
The Sands Hospitality Advancement Scholarships with HACU support hospitality students from Hispanic-serving institutions in Las Vegas and the Dallas-Fort Worth metro area.LAS VEGAS, Oct. 10, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) today announced it has partnered with the Hispanic Association of Colleges and Universities (HACU) to award 13 students at HACU-member schools with Sands Hospitality Advancement Scholarships in support of their preparation for careers in the travel, tourism and leisure in ...
Las Vegas Sands (LVS) Expected to Beat Earnings Estimates: Should You Buy?
ZACKS· 2024-10-09 23:03
Las Vegas Sands (LVS) is expected to deliver flat earnings compared to the year-ago quarter on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, ...
Las Vegas Sands (LVS) Soars 8.0%: Is Further Upside Left in the Stock?
ZACKS· 2024-09-27 21:47
Las Vegas Sands (LVS) shares ended the last trading session 8% higher at $48.40. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 14.9% gain over the past four weeks.Shares of Las Vegas Sands appreciated after a report revealed that the number of high-stakes gamblers in China is on the rise, with many placing increasingly larger bets. The stock also benefited from China's recent announcement of its largest stimulus ...
Sands China Ltd. and Marriott International to Unveil the First Luxury Collection Hotel in Macao
Prnewswire· 2024-09-25 03:07
MACAO, Sept. 24, 2024 /PRNewswire/ -- Sands China Ltd. and Marriott International are set to welcome the first Luxury Collection Hotel to Macao. Situated within The Londoner® Macao, Londoner Grand, a Luxury Collection Hotel, Macao promises to captivate the world's most discerning travellers by inviting guests to experience the brand's unparalleled charm of British living with Macao's rich cultural tapestry.The Chelsea Garden - an all-day dining outlet at The Londoner MacaoThe Londoner Grand -- Grand Terrace ...
Marriott International Signs Agreement with Sands China Ltd. to Bring The Luxury Collection Brand to Macao
Prnewswire· 2024-09-24 18:00
SHANGHAI, Sept. 24, 2024 /PRNewswire/ -- Marriott International, Inc. and Sands China Ltd. are set to redefine luxury in Macao with the signing of an agreement to debut The Luxury Collection brand to the market. Anticipated to open in January 2025, Londoner Grand, a Luxury Collection Hotel, Macao is poised to cater to the world's discerning travelers, blending the brand's authentic take on luxury with the city's local charm to provide a unique and enriching travel experience.King Bedroom at Londoner Grand, ...
Macau Casinos Face Regulatory Challenges: Can They Stay in the Game?
ZACKS· 2024-09-12 00:37
The Macau casino industry, a giant in global gaming, is navigating a stormy sea of regulatory and economic challenges. Per the GGRASIA report, Morgan Stanley Asia Ltd. highlighted the sector’s challenges, including changing investor sentiment and stricter regulations. Yet, within this uncertainty, there are signs of resilience. Let’s explore the current state of Macau’s high-stakes market and what may lie ahead for this global gaming powerhouse.Regulatory Pressures Stir Investor AnxietyImage Source: Zacks I ...
LPGA Pro Muni "Lily" He Joins Sands as a Champion Ambassador
Prnewswire· 2024-09-11 01:00
The China-born LPGA Tour winner will support the company's efforts to showcase women athletes as leaders on and off their playing fields through resort and community initiatives. LAS VEGAS, Sept. 10, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) today announced that LPGA Tour pro Muni "Lily" He is the company's newest champion ambassador.The China-born He will work with Sands to promote women's golf to a broader audience at its resorts and as part of the Sands Cares community engagement program, by highl ...
Why Is Las Vegas Sands (LVS) Up 4.4% Since Last Earnings Report?
ZACKS· 2024-08-24 00:37
A month has gone by since the last earnings report for Las Vegas Sands (LVS) . Shares have added about 4.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Las Vegas Sands due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Las Vegas Sands Q2 Earnings & Revenues Lag, ...
Las Vegas Sands Stock Slips on Downgrade
Schaeffers Investment Research· 2024-08-23 23:07
Shares of Las Vegas Sands Corp (NYSE:LVS) are down 1.4% at $40.49 at last glance, after a downgrade from UBS to "neutral" from "buy." The firm also threw in a price-target cut to $49 from $70. This negative price action has LVS on track to post its second loss in eight sessions, after the shares yesterday snapped a seven-day win streak. The casino stock has been climbing since its Aug. 5, 52-week low of $36.62, though still sporting a 17.7% year-to-date deficit. A short-term dip could've already been in the ...