24.10.2018 22:26:40
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Las Vegas Sands Corp. Q3 adjusted earnings Miss Estimates
(RTTNews) - Las Vegas Sands Corp. (LVS) reported a profit for its third quarter that rose from the same period last year.
The company's earnings came in at $571 million, or $0.73 per share. This compares with $569 million, or $0.72 per share, in last year's third quarter.
Excluding items, Las Vegas Sands Corp. reported adjusted earnings of $604 million or $0.77 per share for the period.
Analysts had expected the company to earn $0.81 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 6.6% to $3.37 billion from $3.16 billion last year.
Las Vegas Sands Corp. earnings at a glance:
-Earnings (Q3): $604 Mln. vs. $606 Mln. last year. -EPS (Q3): $0.77 vs. $0.77 last year. -Analysts Estimate: $0.81 -Revenue (Q3): $3.37 Bln vs. $3.16 Bln last year.
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