23.10.2019 22:17:40

Las Vegas Sands Corp. Q3 adjusted earnings Inline With Estimates

(RTTNews) - Las Vegas Sands Corp. (LVS) released a profit for third quarter that decreased from the same period last year.

The company's earnings totaled $533 million, or $0.69 per share. This compares with $571 million, or $0.73 per share, in last year's third quarter.

Excluding items, Las Vegas Sands Corp. reported adjusted earnings of $573 million or $0.75 per share for the period.

Analysts had expected the company to earn $0.75 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 3.6% to $3.25 billion from $3.37 billion last year.

Las Vegas Sands Corp. earnings at a glance:

-Earnings (Q3): $573 Mln. vs. $604 Mln. last year. -EPS (Q3): $0.75 vs. $0.77 last year. -Analysts Estimate: $0.75 -Revenue (Q3): $3.25 Bln vs. $3.37 Bln last year.

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