Las Vegas Sands Misses Earnings Estimates, Increases Annual Dividend for 2019
October 24 2018 - 4:52PM
Dow Jones News
By Aisha Al-Muslim
Las Vegas Sands Corp. (LVS) reported a profit on Wednesday for
the third quarter of $571 million, or 73 cents a share, up from
$569 million, or 72 cents a share, a year earlier. Adjusted
earnings were 77 cents a share, missing the 81 cents a share
analysts polled by Refinitiv were looking for.
The developer and operator of destination properties, featuring
hotels, gambling, retail, dining and entertainment, reported net
revenue rose 6.7% to $3.37 billion, within line of the consensus
forecast of $3.4 billion.
The company also announced it will increase in its annual
dividend for 2019 to $3.08, or 77 cents a share per quarter.
Write to Aisha Al-Muslim at aisha.al-muslim@wsj.com
(END) Dow Jones Newswires
October 24, 2018 16:37 ET (20:37 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Las Vegas Sands (NYSE:LVS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Las Vegas Sands (NYSE:LVS)
Historical Stock Chart
From Apr 2023 to Apr 2024
