Sands Cares funding again supports the Healthy Asian Pacific Islanders Medical Center and API Language Link, while expanding resources for youth development. LAS VEGAS, May 29, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) has contributed $225,000 through Sands Cares to the Asian Community Development Council (ACDC) for three key ACDC offerings including the Healthy Asian Pacific Islanders (HAPI) Medical Center, the API Language Link and developmental programs serving high school and college students. Sa ...

New $300,000 2024 donation continues Sands' long-term commitment to working with NPHY on lasting solutions for youth homelessness, while addressing the immediate needs of youth in crisis LAS VEGAS, May 23, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) has contributed $300,000 to Nevada Partnership for Homeless Youth (NPHY) to combat the critical issue of youth homelessness, which is one of the company's top community engagement priorities in its Las Vegas corporate headquarters. The donation brings total ...

A month has gone by since the last earnings report for Las Vegas Sands (LVS) . Shares have added about 1.6% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Las Vegas Sands due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Las Vegas Sands Q1 Earnings & Revenues Bea ...

Twenty years later, Sands Macao records millions of visits annually, after having paved the way for its sister properties across the water on the Cotai Strip – The Venetian® Macao, The Plaza® Macao, The Londoner® Macao, and The Parisian Macao – which connect to form an integrated resort city housed under one roof, attracting visitors from around the world. Together, Sands China's five properties have recorded over 950 million visits since 2004.Speaking at the ceremony, Dr. Wilfred Wong, executive vice chair ...

The 2024 contribution exemplifies Sands' focus on workforce development initiatives and empowering unemployed and underemployed people to find pathways to jobs and careers. LAS VEGAS, May 7, 2024 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) has contributed $100,000 through Sands Cares to Dress for Success® (DFS) Southern Nevada to support the organization's free business styling and workforce development services for women who are unemployed and underemployed. Funding is focused on organizational capacity b ...

Las Vegas Sands (LVS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this casino operator have returned -14% over the past month versus the Zacks S&P 500 composite's -2.5% change. The Zacks Gaming industry, to which Las Vegas Sands belongs, has lost 8.7% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________ Form 10-Q _________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-32373 __ ...

Key TakeawaysThe S&P 500 edged 0.2% lower on Thursday, April 18, 2024, in its fifth consecutive day of losses amid concerns about inflation.Las Vegas Sands shares fell as the casino operator said a remodeling project at a property in Macau would weigh on its results.Shares of Genuine Parts Co. jumped after the auto parts distributor raised its full-year profit guidance. After trading higher for much of the day, major U.S. equities indexes lost ground in the afternoon to end Thursday's session mixed. The S&P ...

Core Insights - Las Vegas Sands Corp. (LVS) reported strong first-quarter 2024 results, with earnings and revenues exceeding expectations and showing year-over-year growth [1][2] Financial Performance - Adjusted earnings per share (EPS) for Q1 2024 were 75 cents, surpassing the Zacks Consensus Estimate of 62 cents by 21%, and up from 28 cents in the same quarter last year [2] - Quarterly revenues reached $2.96 billion, exceeding the consensus mark of $2.94 billion by 0.6%, and representing a 39.6% increase from $2.12 billion in the prior year [2] Asian Operations - The Venetian Macao generated net revenues of $771 million, up from $558 million year-over-year, driven by increases in casino, rooms, food and beverage, and mall revenues [4] - The Londoner Macao reported net revenues of $562 million, significantly up from $283 million, supported by growth in casinos, rooms, and food and beverage revenues [6] - The Parisian Macao's net revenues increased to $230 million from $174 million, primarily due to improved casino, rooms, and food and beverage revenues [8] - Sands Macao's net revenues were $76 million, slightly up from $74 million, attributed to a rise in casino revenues [10] - Marina Bay Sands in Singapore saw net revenues of $1.16 billion, up from $848 million, driven by increases in casino, rooms, food and beverage, and mall revenues [11] Operational Metrics - Adjusted property EBITDA for LVS reached $1.21 billion in Q1 2024, compared to $792 million in the same quarter last year [13] - The Venetian Macao's hotel revenue per available room (RevPAR) was $198, up from $177, with occupancy rates at 97.7%, compared to 85.7% previously [5] - The Londoner Macao's hotel RevPAR increased to $182 from $108, with occupancy rates at 96.5%, up from 46.7% [7] - Marina Bay Sands' hotel RevPAR was $677, compared to $580 in the previous year, with occupancy rates at 95% [12] Balance Sheet - As of March 31, 2024, LVS had unrestricted cash balances of $4.96 billion, down from $5.11 billion in the previous quarter, and total debt outstanding was $13.94 billion, reduced from $14.01 billion [14]

Las Vegas Sands Corp. (NYSE:LVS) Q1 2024 Earnings Conference Call April 17, 2024 4:30 PM ET Company Participants Daniel Briggs - Senior Vice President of Investor Relations Robert Goldstein - Chairman and Chief Executive Officer Patrick Dumont - President and Chief Operating Officer Grant Chum - Chief Executive Officer & President, Sands China & Executive Vice President, Asia Operations Conference Call Participants Stephen Grambling - Morgan Stanley Carlo Santarelli - Deutsche Bank Joe Greff - J.P. Morgan S ...