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Valued at a market cap of $30.7 billion, Las Vegas Sands Corp. (LVS) owns, develops, and operates integrated resorts in Macao and Singapore. The Las Vegas, Nevada-based company’s integrated resorts feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants, and other amenities. It is expected to announce its fiscal Q2 earnings for 2025 on Wednesday, Jul. 23.
Ahead of this event, analysts expect this resorts and casinos operator to report a profit of $0.55 per share, in-line with the year-ago quarter. The company has missed Wall Street’s bottom-line estimates in each of the last four quarters. In Q1, LVS’ EPS of $0.59 fell short of the forecasted figure by 1.7%.
For fiscal 2025, analysts expect LVS to report a profit of $2.44 per share, up 7.5% from $2.27 per share in fiscal 2024. Its EPS is expected to further grow 15.2% year-over-year to $2.81 in fiscal 2026.
LVS has gained 10.5% over the past 52 weeks, underperforming both the S&P 500 Index's ($SPX) 13.2% return and the Consumer Discretionary Select Sector SPDR Fund’s (XLY) 19.3% uptick over the same time frame.
Despite delivering weaker-than-expected Q1 results on Apr. 23, shares of LVS surged 6.5% in the following trading session. Due to lower casino, rooms, and food and beverage revenues, the company’s overall revenue declined 3.3% year-over-year to $2.9 billion and marginally missed the consensus estimates. Softened market growth in Macao in the current environment acted as a headwind. In contrast, Marina Bay Sands in Singapore continued to deliver outstanding financial and operating performance. On the earnings front, its adjusted EPS of $0.59, also fell 19.2% from the year-ago quarter, missing the analyst estimate by a penny.
Wall Street analysts are moderately optimistic about LVS’ stock, with a "Moderate Buy" rating overall. Among 14 analysts covering the stock, nine recommend "Strong Buy," and five suggest “Hold.” The mean price target for LVS is $51.77, which indicates a 9.3% potential upside from the current levels.
