Las Vegas Sands posts first-quarter loss on coronavirus woes [Yahoo! Finance News]
Las Vegas Sands Corp. (LVS)
Last las vegas sands corp. earnings: 4/22 04:05 pm
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Source: Yahoo! Finance News
The logo of Las Vegas Sands Corp is pictured at the Japan IR EXPO in YokohamaReuters) - Las Vegas Sands Corp posted a loss for the first quarter compared to a year-ago profit, as the coronavirus pandemic slammed gaming revenue at the casino operator.The gambling industry, which thrives on air travel and large groups of people in close proximity, is one of the hardest hit as the world goes into lockdown in its battle against the pandemic."The impact of the Covid-19 pandemic on our business has been unprecedented, and I have never seen anything like it in my over seventy years in business," Chief Executive Officer Sheldon Adelson said in a statement.Revenue from the company's main casino business plunged 55.8% to $1.18 billion, with declines across all of its businesses, including rooms as well as food and beverage.In March, gambling revenue fell 80% in Macau, the world's biggest casino hub that accounts for more than 60% of the company's revenue.The casinos and gaming index has lost
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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
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- LVS's page on the SEC website