Las Vegas Sands Earnings Preview: Analyts Expect Higher Earnings, Revenue from Prior Quarter

Las Vegas Sands LVS unveils its latest round of earnings this Tuesday, July 26, 2011. Get prepared with Benzinga's ultimate preview for Las Vegas Sands' second quarter earnings report.

Earnings and Revenue:

Based on estimates, investors are readying for a positive EPS reading of 44 cents per share and revenues of $2.21 billion. Can Las Vegas Sands manage the estimated 158.8% rise in EPS and 39% increase in revenues as analysts are predicting? We'll have to wait until Tuesday to find out.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	$0.45	$0.38	$0.23	$0.09
EPS Actual	$0.37	$0.42	$0.34	$0.17

Stock Performance:

As of July 19, 2011, Las Vegas Sands' current share price was $45.15. Shares are down 1.7% year to date. For a full 12 months, the return has risen by 14.3%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Las Vegas Sands is a Moderate Buy. The strength of this rating has declined slightly over the past three months.

Competitors:

Wondering how Las Vegas Sands compares to rivals in the same sector? Here are a few of the company's peers.

• Ameristar Casinos ASCA: Moderate Buy with a $0.41 recent quarter EPS
• Boyd Gaming BYD: Hold with a -$0.01 recent quarter EPS
• MGM Resorts MGM: Hold with a -$0.16 recent quarter EPS

Las Vegas Sands is in the gaming industry, which has experienced price/earnings contraction of 2.9%.

Finally, a description of the company's main areas of operation: Las Vegas Sands develops integrated resorts worldwide. It owns and operates The Venetian Resort Hotel Casino, The Palazzo Resort Hotel Casino and an expo and convention center.

Take Action:

Now that you're fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

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