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Las Vegas Sands Analysts Cut Their Forecasts After Q1 Results

Las Vegas Sands Corp. (NYSE: LVS) reported better-than-expected first-quarter financial results on Wednesday. The company reported quarterly adjusted earnings of 75 cents per share which beat the analyst consensus estimate of 62 cents and represented a 167.86% increase from the same period last year. Quarterly sales clocked in at $2.96 billion which beat the analyst consensus estimate of $2.94 billion and is a 39.58% increase over sales of $2.12 billion from the same quarter last year, according to data from Benzinga Pro. “We were pleased with our financial and operating results for the quarter, ...