Las Vegas Sands Corp. (NYSE:LVS ) Q1 2025 Earnings Conference Call April 23, 2025 4:30 PM ET Company Participants Daniel Briggs - SVP, IR Rob Goldstein - Chairman and CEO Patrick Dumont - President and COO Grant Chum - CEO and President, Sands China and EVP, Las Vegas Sands Asia Operations Wilfred Wong - Executive Vice Chairman, Sands China Conference Call Participants Carlo Santarelli - Deutsche Bank Stephen Grambling - Morgan Stanley Robin Farley - UBS Shaun Kelley - Bank of America Brandt Montour - Barclays Joe Stauff - SIG George Choi - Citigroup Colin Mansfield - CBRE Steve Wieczynski - Stifel Ben Chaiken - Mizuho David Katz - Jefferies Operator Good day, ladies and gentlemen, and welcome to the Sands First Quarter 2025 Earnings Call. At this time, all participants have been placed on a listen-only mode.
While the top- and bottom-line numbers for Las Vegas Sands (LVS) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Get a deeper insight into the potential performance of Las Vegas Sands (LVS) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Las Vegas Sands (LVS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Las Vegas Sands (LVS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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LVS' emphasis on strategic investments for property developments bodes well. However, an uncertain macro environment is a concern.
Investors continue to pass on the obvious upside of LVS. Why? The Rise of Dumont to the CEO post may pivot to a more aggressive posture in pursuing major transactions. The stock has inched up, but has been trading in a narrow range for too long.
Las Vegas Sands (LVS) reported earnings 30 days ago. What's next for the stock?
Las Vegas Sands is a buy at $45 and a hold at $52; aggressive buy if LVS stock dips below $40. Increased room capacity in Macao and Marina Bay Sands expected to boost gaming revenues meaningfully in upcoming quarters. Despite macroeconomic headwinds, current share price is unduly pessimistic; P/S ratio indicates undervaluation.
Las Vegas Sands (LVS) soared Thursday, one day after executives at the hotel and casino operator said they are confident in their future success due to their strong assets in the important gambling market of Macao.
LVS' fourth-quarter 2024 results reflect solid financial and operational performance at Marina Bay Sands, Singapore and continued recovery in the Macao market.