27.01.2016 22:30:17
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Las Vegas Sands Corp. Q4 Earnings Fall 33%
(RTTNews) - Las Vegas Sands Corp. (LVS) announced a profit for fourth quarter that dropped from last year.
The company said its profit totaled $492.36 million, or $0.62 per share. This was lower than $734.20 million, or $0.92 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.65 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 16.4% to $2.86 billion. This was down from $3.42 billion last year.
Las Vegas Sands Corp. earnings at a glance:
-Earnings (Q4): $492.36 Mln. vs. $734.20 Mln. last year. -Earnings Decline (Y-o-Y): -32.9% -EPS (Q4): $0.62 vs. $0.92 last year. -EPS Decline (Y-o-Y): -32.6% -Analysts Estimate: $0.65 -Revenue (Q4): $2.86 Bln vs. $3.42 Bln last year. -Revenue Change (Y-o-Y): -16.4%
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