24.07.2019 22:09:07

Las Vegas Sands Corp. Q2 adjusted earnings Miss Estimates

(RTTNews) - Las Vegas Sands Corp. (LVS) revealed a profit for its second quarter that rose from last year.

The company's profit totaled $954 million, or $1.24 per share. This compares with $556 million, or $0.70 per share, in last year's second quarter.

Excluding items, Las Vegas Sands Corp. reported adjusted earnings of $555 million or $0.72 per share for the period.

Analysts had expected the company to earn $0.78 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.9% to $3.33 billion from $3.30 billion last year.

Las Vegas Sands Corp. earnings at a glance:

-Earnings (Q2): $555 Mln. vs. $588 Mln. last year. -EPS (Q2): $0.72 vs. $0.74 last year. -Analysts Estimate: $0.78 -Revenue (Q2): $3.33 Bln vs. $3.30 Bln last year.

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