Las Vegas Sands Corp. LVS is scheduled to report fourth-quarter 2024 results on Jan. 29, 2025, after the closing bell.
Keep up-to-date with all quarterly releases: See Zacks Earnings Calendar.
Within the final reported quarter, the corporate reported adjusted earnings per share (EPS) of 44 cents, lacking the Zacks Consensus Estimate of 55 cents. The underside line decreased 24.5% 12 months over 12 months.
The corporate’s earnings beat the Zacks Consensus Estimate in one of many trailing 4 quarters and missed on three events with a mean shock of destructive 3.8%.
Las Vegas Sands Corp. Value and EPS Shock
Las Vegas Sands Corp. price-eps-surprise | Las Vegas Sands Corp. Quote
Development in Estimate Revision of LVS
The Zacks Consensus Estimate for fourth-quarter EPS has elevated to 61 cents from 59 cents up to now seven days. The anticipated determine signifies an increase of seven% from the year-ago quarter’s determine of 57 cents per share.
The consensus mark for revenues is pegged at $2.89 billion. The metric suggests a deterioration of 0.8% from the year-ago quarter’s determine.
Components Prone to Form LVS’ Quarterly Outcomes
LVS’ fourth-quarter efficiency is prone to have benefited from a powerful restoration in Macau, strategic investments in Singapore and sturdy capital return initiatives. This and power in mass gaming and the broader Chinese language economic system are prone to have aided the corporate’s efficiency within the fourth quarter.
Our mannequin predicts revenues from Macao operations to rise 9.8% 12 months over 12 months to $2.05 billion. We anticipate whole slot revenues within the area to rise 26% 12 months over 12 months to $205.5 million.
Decrease-than-expected maintain in Singapore and a brief discount in obtainable rooms on the Londoner are prone to have affected the corporate’s prime line within the fourth quarter. Our mannequin predicts revenues from Marina Bay Sands to fall 16.5% 12 months over 12 months to $885.4 million. Our mannequin suggests revenues from rooms to fall 0.9% 12 months over 12 months to $24.8 million.
Improve in working bills financial uncertainties in China and fluctuating client sentiment are prone to have harm the corporate’s efficiency within the fourth quarter. Our mannequin predicts whole working bills to rise 5% 12 months over 12 months to $2.31 billion.
What Our Mannequin Says About LVS Inventory
Our confirmed mannequin predicts an earnings beat for Las Vegas Sands this time round. The mixture of a optimistic Earnings ESP and a Zacks Rank #1 (Sturdy Purchase), 2 (Purchase) or 3 (Maintain) will increase the chances of an earnings beat.
LVS’ Earnings ESP: Las Vegas Sands has an Earnings ESP of +3.04%. You possibly can uncover the most effective shares to purchase or promote earlier than they’re reported with our Earnings ESP Filter.
LVS’ Zacks Rank: The corporate has a Zacks Rank #3.
Different Shares With the Favorable Mixture
Listed here are another shares from the Zacks Consumer Discretionary area that buyers might contemplate, as our mannequin reveals that these, too, have the best mixture of parts to ship an earnings beat this time round.
Life Time Group Holdings, Inc. LTH has an Earnings ESP of +14.29% and a Zacks Rank of 1 at current. You possibly can see the complete list of today’s Zacks #1 Rank stocks here.
LTH is anticipated to register a ten.5% improve in earnings for the to-be-reported quarter. It reported better-than-expected earnings in three of the trailing 4 quarters and missed on one event, with a mean shock of 46.2%.
Journey.com Group Restricted TCOM presently has an Earnings ESP of +0.97% and a Zacks Rank of 1.
TCOM reported better-than-expected earnings in every of the trailing 4 quarters, with a mean shock of 42.8%. Its earnings for the to-be-reported quarter are anticipated to lower 7.1%.
Rush Road Interactive, Inc. RSI presently has an Earnings ESP of +22.22% and a Zacks Rank of 1.
RSI’s earnings for the to-be-reported quarter are anticipated to extend 800%. It reported better-than-expected earnings in every of the trailing 4 quarters, the common shock being 225%.
Zacks’ Analysis Chief Names “Inventory Most Prone to Double”
Our workforce of consultants has simply launched the 5 shares with the best likelihood of gaining +100% or extra within the coming months. Of these 5, Director of Analysis Sheraz Mian highlights the one inventory set to climb highest.
This prime decide is among the many most progressive monetary corporations. With a fast-growing buyer base (already 50+ million) and a various set of innovative options, this inventory is poised for giant positive aspects. In fact, all our elite picks aren’t winners however this one may far surpass earlier Zacks’ Shares Set to Double like Nano-X Imaging which shot up +129.6% in little greater than 9 months.
Free: See Our Top Stock And 4 Runners Up
Las Vegas Sands Corp. (LVS) : Free Stock Analysis Report
Trip.com Group Limited Sponsored ADR (TCOM) : Free Stock Analysis Report
Rush Street Interactive, Inc. (RSI) : Free Stock Analysis Report
Life Time Group Holdings, Inc. (LTH) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
