US5178341070 - Common Stock - After market: 58 -0.08 (-0.14%)
Gross gaming revenue in Macau soared 82.5% year-over-year in January to 11.6B patacas ($1.4B) to smash the consensus estimate for a 37% increase
If Las Vegas tells us anything, this will be a great year for Las Vegas Sands.
Let's have a look at what is happening on the US markets before the opening bell on Monday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
Argus upgraded Las Vegas Sands (LVS) to a Buy rating after having the casino stock set at Hold. Read more.
SHW dropped on guidance included in its quarterly report. CUBI plunged on earnings news. LVS reached a 52-week high. XM surged on earning news and SAP saying it is looking to sell its stake.
U.S. equities indexes moved higher on Thursday, Jan. 26, with stocks receiving a boost from a positive economic report and corporate earnings news.
Wells Fargo on Thursday raised earnings estimates for Club holding Wynn Resorts' (WYNN) operations in Macao, China.
The company posts fourth-quarter revenue of $1.12 billion, an increase of 11% year over year.
Las Vegas Sands Corp. (LVS) turned around an initial post-earnings decline to rally in early action on Thursday. Read more.
These are the stocks posting the largest moves in premarket trading.
LVS earnings call for the period ending December 31, 2022.
Las Vegas Sands Corp. will invest at least $3.8 billion in new facilities in Macau over the next ten years as part of the renewal of its concession to operate casinos in the market.
Las Vegas Sands Corp on Wednesday reported quarterly results that fell short of Wall Street estimates, but the casino operator expects a broad recovery, including at its property in Macau. Macau saw 71,000 visitors on Monday, the highest single day since the pandemic. "They're spending in retail, they're spending in gambling," said Las Vegas Sands Chief Executive Robert Goldstein on an investor call.
Las Vegas Sands Corp on Wednesday reported a wider-than-expected quarterly loss and its revenue fell short of Wall Street estimates as travel restrictions and fewer trips to its casinos in Asia hit results. The Las Vegas-based casino operator sees a recovery in future demand, pointing to the return of traffic to its locations following the Lunar New Year. The casino operator said it remains confident in a robust recovery in travel and tourism spending across its markets, the company's chief executive officer, Robert G. Goldstein said in a statement.
Las Vegas Sands Corp. (LVS) drifter lower on Wednesday after falling short of estimates with its Q4 earnings report despite strong results out of Singapore. Read more.
Las Vegas Sands press release (LVS): Q4 Non-GAAP EPS of -$0.19 misses by $0.10.Revenue of $1.12B (+10.9% Y/Y) misses by $60M.Shares -0.5%.
/PRNewswire/ -- Las Vegas Sands Corp. (NYSE: LVS), the world's leading developer and operator of convention-based Integrated Resorts, today reported financial...
Among the prominent stocks down in early trading are Johnson & Johnson, 3M, and Verizon, which reported quarterly results today.
UBS dug into the benefits for certain travel and leisure companies from China reopening and moving away from a zero-tolerance COVID policy. Read more.
/PRNewswire/ -- Las Vegas Sands (NYSE: LVS) will release its fourth quarter 2022 financial results on Wednesday, January 25, 2023, after market close. The...
CFRA Research turned cautious on the setup for Las Vegas Sands Corp. (LVS) with a downgrade to a Hold rating from Buy. Read more.
Recent trends from the Chinese government are heavily influencing the stock's direction.
Casino operator Wynn Resorts Limited (NASDAQ: WYNN) stock is up +17% for 2023 as sentiment improves over the potential for a China re-opening in 2023.