Las Vegas, Nevada-based Las Vegas Sands Corp. (LVS) develops, owns, and operates integrated resorts and convention centers in Macao and Singapore. With a market cap of $23.4 billion, the company offers a wide range of gaming activities and entertainment as well as overnight accommodations, while its expo centers host a wide range of entertainment shows, expositions, and other activities. The casino giant is expected to announce its fiscal third-quarter earnings for 2026 in the near term.
Ahead of the event, analysts expect Las Vegas Sands to report a profit of $0.77 per share on a diluted basis, down 1.3% from $0.78 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
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For the full year, analysts expect Las Vegas Sands to report EPS of $3.09, up 2.7% from $3.01 in fiscal 2025. Its EPS is expected to rise 12.3% year over year to $3.47 in fiscal 2027.
www.barchart.comLVS stock has underperformed the S&P 500 Index’s ($SPX) 15% gains over the past 52 weeks, with shares down 29.5% during this period. Similarly, it underperformed the State Street Consumer Discretionary Select Sector SPDR ETF’s (XLY) 4.7% losses over the same time frame.
www.barchart.comLVS slipped after Macau VIP hold came in unusually low, overshadowing solid underlying trends in Macau and ongoing strength at Marina Bay Sands.
On Jul. 22, LVS shares closed down marginally after reporting its Q2 results. Its adjusted EPS of $0.59 did not meet Wall Street expectations of $0.77. The company’s revenue was $3.2 billion, falling short of Wall Street forecasts of $3.4 billion.
Analysts’ consensus opinion on LVS stock is moderately bullish, with a “Moderate Buy” rating overall. Out of 19 analysts covering the stock, 10 advise a “Strong Buy” rating, and nine give a “Hold.” LVS’ average analyst price target is $58.19, indicating an ambitious potential upside of 61.2% from the current levels.
On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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