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Las Vegas Sands (LVS) Reports Q1 Earnings: What Key Metrics Have to Say
LVSLVSC(LVS) ZACKS·2025-04-23 23:35

Core Insights - Las Vegas Sands (LVS) reported a revenue of 2.86billionforthequarterendedMarch2025,reflectingadecreaseof3.32.86 billion for the quarter ended March 2025, reflecting a decrease of 3.3% year-over-year, with EPS at 0.59 compared to 0.75inthesamequarterlastyear[1]−ThereportedrevenuefellshortoftheZacksConsensusEstimateof0.75 in the same quarter last year [1] - The reported revenue fell short of the Zacks Consensus Estimate of 2.88 billion, resulting in a surprise of -0.47%, while the EPS also missed the consensus estimate of 0.60by−1.670.60 by -1.67% [1] Financial Performance Metrics - LVS shares have returned -15.7% over the past month, underperforming the Zacks S&P 500 composite, which saw a decline of -6.6% [3] - Key metrics for LVS in Macao include: - Rolling Chip volume at Sands Macao was 59 million, exceeding the average estimate of 43.48million[4]−RevPARatSandsMacaowas43.48 million [4] - RevPAR at Sands Macao was 172, slightly above the average estimate of 169.70[4]−RollingChipwinpercentageatSandsMacaowas4.2169.70 [4] - Rolling Chip win percentage at Sands Macao was 4.2%, surpassing the estimated 3.7% [4] - Net Revenues for Sands Macao were 75 million, below the average estimate of 83.66million,markinga−1.383.66 million, marking a -1.3% change year-over-year [4] - Net Revenues for The Plaza Macao and Four Seasons Macao were 208 million, exceeding the estimate of 223.05million,representinga+46.5223.05 million, representing a +46.5% change year-over-year [4] - Net Revenues for The Parisian Macao were 227 million, below the estimate of 245.07million,reflectinga−1.3245.07 million, reflecting a -1.3% change year-over-year [4] - Net Revenues for The Londoner Macao were 529 million, under the estimate of 558.90million,indicatinga−5.9558.90 million, indicating a -5.9% change year-over-year [4] - Net Revenues for The Venetian Macao were 638 million, below the estimate of 688.20million,showinga−17.3688.20 million, showing a -17.3% change year-over-year [4] - Marina Bay Sands reported revenues of 1.16 billion, slightly above the estimate of 1.14billion,witha+0.41.14 billion, with a +0.4% change year-over-year [4] - Total revenue for Macao was 1.71 billion, below the estimate of 1.82billion,reflectinga−5.61.82 billion, reflecting a -5.6% change year-over-year [4] - Food and Beverage revenue for The Venetian Macao was 15 million, below the estimate of $17.53 million, indicating an -11.8% change year-over-year [4]