Casino operator Las Vegas Sands revenue plunges 50% amid coronavirus pandemic [MarketWatch]
Las Vegas Sands Corp. (LVS)
Last las vegas sands corp. earnings: 4/22 04:05 pm
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investor.sands.com/ir-home/default.aspx
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Source: MarketWatch
Las Vegas Sands Corp. shares rose 3.8% in the extended session Wednesday after the company reported a 51.1% decline in revenue amid the COVID-19 pandemic. The company reported a first-quarter net loss of $51 million, or zero cents a share, compared with net income of $744 million, or 75 cents a share, in the year-ago period. Adjusted losses were 3 cents a share. Revenue fell to $1.78 billion from $3.65 billion in the year-ago period. Analysts surveyed by FactSet had estimated adjusted earnings of 5 cents a share on revenue of $2.03 billion. Chief Executive Sheldon Adelson called the impact of the coronavirus outbreak "unprecedented" and that he had "never seen anything like it in my over 70 years in business." The company said it has suspended its dividend payments and the last of 79 cents a share was paid out March 26. Las Vegas Sands said it has $2.6 billion in cash as of the end of March. For the second quarter, analysts model adjusted losses of 19 cents a share and revenue of $1.7
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LVS
News
- Las Vegas Sands (NYSE:LVS) had its price target raised by analysts at Seaport Global Securities from $66.00 to $75.00. They now have a "buy" rating on the stock.MarketBeat
- Las Vegas Sands (NYSE:LVS) had its price target raised by analysts at Argus from $65.00 to $80.00. They now have a "buy" rating on the stock.MarketBeat
- Las Vegas Sands (LVS): Assessing Valuation as Texas Casino Expansion Drive Gains Traction [Yahoo! Finance]Yahoo! Finance
- Las Vegas Sands (NYSE:LVS) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- How Recent Developments Are Shaping the Las Vegas Sands Investment Story [Yahoo! Finance]Yahoo! Finance
LVS
Earnings
- 10/22/25 - Beat
LVS
Sec Filings
- 12/5/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- LVS's page on the SEC website