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Stock impact report

Why Las Vegas Sands Stock Dived by Almost 14% Today [Yahoo! Finance]

Las Vegas Sands Corp. (LVS) 
Last las vegas sands corp. earnings: 4/22 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.sands.com/ir-home/default.aspx
Company Research Source: Yahoo! Finance
Although the veteran casino resort operator beat analyst estimates for both revenue and profitability, other factors raised significant investor concerns. These were enough to push the share price down by nearly 14% that trading session. Sands unveiled those figures just after market close on Wednesday. They showed the company earned net revenue of $3.65 billion, up 26% on a year-over-year basis. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Despite its name, Las Vegas Sands no longer operates casinos in its namesake American city. It has entirely decamped for Asia, with five properties in Macao and a single resort (Marina Bay Sands) in Singapore. All, save for its Sands Macao, recorded revenue gains across the one-year stretch. On the bottom line, net income under generally accepted accounting principles ( GAAP ) also headed north, rising 14% to $395 mil Show less Read more
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