We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Seeking Clues to Las Vegas Sands (LVS) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
Read MoreHide Full Article
In its upcoming report, Las Vegas Sands (LVS - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.77 per share, reflecting a decline of 1.3% compared to the same period last year. Revenues are forecasted to be $3.4 billion, representing a year-over-year increase of 2.1%.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Las Vegas Sands metrics that are commonly monitored and projected by Wall Street analysts.
Based on the collective assessment of analysts, 'Net Revenues- Marina Bay Sands' should arrive at $1.41 billion. The estimate suggests a change of -1.8% year over year.
The consensus among analysts is that 'Net Revenues- The Plaza Macao and Four Seasons Macao' will reach $208.23 million. The estimate suggests a change of +1.1% year over year.
Analysts' assessment points toward 'Net Revenues- Sands Macao' reaching $80.83 million. The estimate indicates a change of +12.3% from the prior-year quarter.
It is projected by analysts that the 'Net Revenues- The Venetian Macao' will reach $671.82 million. The estimate indicates a change of -2.9% from the prior-year quarter.
The consensus estimate for 'Rolling Chip volume - Marina Bay Sands' stands at $9.42 billion. Compared to the present estimate, the company reported $9.07 billion in the same quarter last year.
The collective assessment of analysts points to an estimated 'Non-Rolling Chip table games drop - Marina Bay Sands' of $2.75 billion. Compared to the current estimate, the company reported $2.55 billion in the same quarter of the previous year.
The average prediction of analysts places 'Rolling Chip win percentage - Marina Bay Sands' at 4.2%. Compared to the present estimate, the company reported 4.8% in the same quarter last year.
Analysts forecast 'Non-Rolling Chip table games win percentage - Marina Bay Sands' to reach 22.5%. Compared to the current estimate, the company reported 24.5% in the same quarter of the previous year.
According to the collective judgment of analysts, 'RevPAR - Marina Bay Sands' should come in at $975.64 . The estimate is in contrast to the year-ago figure of $937.00 .
The combined assessment of analysts suggests that 'Slot handle - Marina Bay Sands' will likely reach $6.56 billion. Compared to the present estimate, the company reported $6.41 billion in the same quarter last year.
Analysts expect 'Slot hold percentage - Marina Bay Sands' to come in at 4.5%. The estimate is in contrast to the year-ago figure of 4.4%.
Analysts predict that the 'Occupancy rate - Marina Bay Sands' will reach 96.0%. Compared to the present estimate, the company reported 95.5% in the same quarter last year.
Las Vegas Sands shares have witnessed a change of -5.8% in the past month, in contrast to the Zacks S&P 500 composite's +2.4% move. With a Zacks Rank #3 (Hold), LVS is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
View the Zacks #1 Rank List
Image: Bigstock
Seeking Clues to Las Vegas Sands (LVS) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
In its upcoming report, Las Vegas Sands (LVS - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.77 per share, reflecting a decline of 1.3% compared to the same period last year. Revenues are forecasted to be $3.4 billion, representing a year-over-year increase of 2.1%.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Las Vegas Sands metrics that are commonly monitored and projected by Wall Street analysts.
Based on the collective assessment of analysts, 'Net Revenues- Marina Bay Sands' should arrive at $1.41 billion. The estimate suggests a change of -1.8% year over year.
The consensus among analysts is that 'Net Revenues- The Plaza Macao and Four Seasons Macao' will reach $208.23 million. The estimate suggests a change of +1.1% year over year.
Analysts' assessment points toward 'Net Revenues- Sands Macao' reaching $80.83 million. The estimate indicates a change of +12.3% from the prior-year quarter.
It is projected by analysts that the 'Net Revenues- The Venetian Macao' will reach $671.82 million. The estimate indicates a change of -2.9% from the prior-year quarter.
The consensus estimate for 'Rolling Chip volume - Marina Bay Sands' stands at $9.42 billion. Compared to the present estimate, the company reported $9.07 billion in the same quarter last year.
The collective assessment of analysts points to an estimated 'Non-Rolling Chip table games drop - Marina Bay Sands' of $2.75 billion. Compared to the current estimate, the company reported $2.55 billion in the same quarter of the previous year.
The average prediction of analysts places 'Rolling Chip win percentage - Marina Bay Sands' at 4.2%. Compared to the present estimate, the company reported 4.8% in the same quarter last year.
Analysts forecast 'Non-Rolling Chip table games win percentage - Marina Bay Sands' to reach 22.5%. Compared to the current estimate, the company reported 24.5% in the same quarter of the previous year.
According to the collective judgment of analysts, 'RevPAR - Marina Bay Sands' should come in at $975.64 . The estimate is in contrast to the year-ago figure of $937.00 .
The combined assessment of analysts suggests that 'Slot handle - Marina Bay Sands' will likely reach $6.56 billion. Compared to the present estimate, the company reported $6.41 billion in the same quarter last year.
Analysts expect 'Slot hold percentage - Marina Bay Sands' to come in at 4.5%. The estimate is in contrast to the year-ago figure of 4.4%.
Analysts predict that the 'Occupancy rate - Marina Bay Sands' will reach 96.0%. Compared to the present estimate, the company reported 95.5% in the same quarter last year.
View all Key Company Metrics for Las Vegas Sands here>>>Las Vegas Sands shares have witnessed a change of -5.8% in the past month, in contrast to the Zacks S&P 500 composite's +2.4% move. With a Zacks Rank #3 (Hold), LVS is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .