-
Las Vegas Sands Falls on Record Earnings, Declares Dividend
Wednesday, February 1, 2012 - 4:33pm | 209Las Vegas Sands (NYSE: LVS) reported record adjusted earnings per share of 57 cents, up from 42 cents in the previous quarter, matching analyst expectations. The company also reported an annual dividend of $1.00 per share, as predicted by analysts at Morgan Stanley. The dividend will be paid on...
-
Earnings Preview: Las Vegas Sands
Wednesday, February 1, 2012 - 3:01pm | 218Las Vegas Sands (NYSE: LVS) will report earnings after the closing bell today at 4:30PM, when it is expected to report quarterly earnings of 57 cents per share, according to analyst consensus. Analysts also expect the company to report $2.47 billion in revenue, up from $2.4 billion in reported...
-
Resorts Suffer as China Cools
Wednesday, December 7, 2011 - 10:48am | 214China's services sector suffered it's weakest growth in three months in November, and Wynn Resorts (NASDAQ: WYNN) and Las Vegas Sands (NYSE: LVS) saw a negative response. According to CNBC, the latest data is portraying an economy slowing quickly and in need of policy support. “The index fell to...
-
Deutsche Bank Maintains Buy, $62 Target on Las Vegas Sands
Monday, December 5, 2011 - 7:41am | 120Deutsche Bank reiterates it Buy rating and $62 target price on Las Vegas Sands Corp. (NYSE: LVS) as junket program is seen making headway. Deutsche Bank notes, “While too early to call it a trend, LVS VIP rolling chip volume share in November (11.1%) was up 150 bps versus October and 180 bps...
-
JP Morgan Maintains Overweight Rating on Las Vegas Sands
Wednesday, November 23, 2011 - 6:38am | 112A report from J.P. Morgan reiterates its Overweight rating on Las Vegas Sands (NYSE: LVS). The report states, “Over the last two days we met in New York City with LVS's President of Global Gaming Operations Rob Goldstein and IRO Dan Briggs. Overall, we believe the tone of the...
-
Casino Stocks Take a Hit as the House Loses
Tuesday, November 1, 2011 - 9:05am | 269There are reports on Tuesday morning that the casino industry has taken a major fall. Las Vegas Sands (NYSE: LVS) is down approximately 4.5 percent at the time of writing. Wynn Resorts (NASDAQ: WYNN) is down 5.6 percent, and MGM Resorts International (NYSE: MGM) is down 8.3 percent. The fall seems...
-
Las Vegas Sands: Only Up From Here
Friday, October 28, 2011 - 12:48pm | 127(TheStreet) -- Las Vegas Sands' (NYSE: LVS) third-quarter results could be just the catalyst needed to drive the stock higher. The casino giant saw its third-quarter profit double to $353.6 million, or 44 cents a share, on revenue of $2.41 billion. On an adjusted basis, Sands earned 55 cents a...
-
Bank of America Merrill Lynch Has Buy on Las Vegas Sands
Friday, October 28, 2011 - 7:09am | 123Bank of America Merrill Lynch is out with a research report on Las Vegas Sands (NYSE: LVS) and it has an Buy rating and a $55 price objective on shares. In a note to clients, Bank of America Merrill Lynch writes, "We have tweaked our ramp-up assumptions for sites 5/6 and believe LVS has a positive...
-
Las Vegas Sands Trades Higher on Q3 Earnings Beat
Thursday, October 27, 2011 - 3:52pm | 189Shares of Las Vegas Sands (NYSE: LVS) are trading higher in the after-hours following the release of the company's Q3 earnings results. Currently, shares are higher by 3.30%, trading at $46.90; they ended the regular session higher by 4.44%, at $45.40. Las Vegas Sands reported Q3 EPS of $0.55 on...
-
Wynn Resorts Earnings Preview: Analysts Expect Higher EPS, Revenue
Monday, October 17, 2011 - 8:36am | 592Wynn Resorts (NASDAQ: WYNN) releases its next round of earnings this Wednesday, October 19, 2011. Get prepared with Benzinga's ultimate preview for Wynn Resorts' third quarter earnings. Earnings and Revenue: Analysts are predicting an EPS reading of $1.18/share and revenues of $1.29 billion....
-
Deutsche Bank Publishes Gaming Industry Update
Monday, October 10, 2011 - 8:07am | 138Following Golden Week, Deutsche Bank has published an industry update stating, “Table revenue through the first 9 days of October, which included the Golden Week period, is averaging HKD 1.21 bn per day. The result is up ~40% from the same period last year. Assuming the normal slowdown post Golden...
-
Citi Maintains Buy on Las Vegas Sands
Thursday, October 6, 2011 - 6:37am | 92Citi Investment Research is out with a research report on Las Vegas Sands (NYSE: LVS) and it has a Buy rating and a $58 price target on shares. In a note to clients, Citi Investment Research writes, "Reflecting the current share price of Sands China, we have reduced our sum-of-the-parts valuation...
-
Deutsche Bank Has Buy on Las Vegas Sands
Tuesday, October 4, 2011 - 7:23am | 128Deutsche Bank is out with a research report on Las Vegas Sands (NYSE: LVS) and it has a Buy rating and a $61 price target on shares. In a note to clients, Deutsche Bank writes, "Given management recently presented at its investor day, we believe the biggest take away from the session was...
-
UPDATE: Citi Raises PT on Las Vegas Sands to $59
Thursday, September 22, 2011 - 8:17am | 91Citi is out with its report today on Las Vegas Sands (NYSE: LVS), raising its PT from $57.50 to $59. In its report, Citi writes, "We have raised our 2011-13E estimates modestly, leading us to raise our TP from US$57.50 to US$59. The increase in estimates mainly reflects the recent GGR trends as...
-
UPDATE: Jefferies Raises Price Target on Las Vegas Sands to $51
Thursday, September 22, 2011 - 6:34am | 106According to Jefferies, Las Vegas Sands (NYSE: LVS) price target is raised to $51. Jefferies said that mgt's comments provided updated details on the strong growth opportunities in Asia, the full earnings power of which remains to be seen and which warrant a revision to our estimates. “Our price...