Las Vegas Sands Q2 Results Miss Estimates

(RTTNews) - Las Vegas Sands Corp. (LVS) reported net income for the second quarter of $671.4 million or $0.83 per share, compared to $529.8 million or $0.64 per share for the year-ago quarter.

Excluding items, adjusted net income for the second quarter was $690.4 million or $0.85 per share, compared to $540.6 million or $0.65 per share in the prior year quarter.

Net revenue for the second quarter rose 11.8% to $3.62 billion from $3.24 billion a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.90 per share on revenue of $3.80 billion for the second quarter. Analysts' estimates typically exclude special items.