Las Vegas Sands Corp. reports results for the quarter ended September 30 - Earnings Summary

• Las Vegas Sands Corp. LVS.N reported quarterly adjusted earnings of 54 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 78 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 69 cents per share. Wall Street expected results to range from 60 cents to 78 cents per share.

• Revenue fell 3.5% to $3.22 billion from a year ago; analysts expected $3.35 billion.

• Las Vegas Sands Corp.'s reported EPS for the quarter was 48 cents​.

• The company reported quarterly net income of $304 million.

• Las Vegas Sands Corp. shares had risen by 1.0% this quarter and lost 41.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10.9% in the last three months.​

• In the last 30 days, eleven analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the casinos & gaming peer group is also "buy"

• Wall Street's median 12-month price target for Las Vegas Sands Corp. is $55.00, about 31.8% above its last closing price of $37.51

This summary was machine generated from LSEG data October 21 at 09:03 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)