Las Vegas Sands Corp. First Quarter Earnings Sneak Peek

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Las Vegas Sands Corp. (NYSE:LVS) will unveil its latest earnings on Wednesday, April 25, 2012. Las Vegas Sands develops integrated resorts worldwide. It owns and operates The Venetian Resort Hotel Casino, The Palazzo Resort Hotel Casino, and an expo and convention center.

Las Vegas Sands Corp. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 58 cents per share, a rise of 56.8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 56 cents. Between one and three months ago, the average estimate was unchanged. It has risen during the last month. Analysts are projecting profit to rise by 27.2% versus last year to $2.57.

Past Earnings Performance: The company met estimates last quarter after beating the forecasts in the prior two. In the fourth quarter of the last fiscal year, the company reported net income of 57 cents per share versus a mean estimate of profit of 57 cents per share. In the third quarter of the last fiscal year, the company beat estimates by 2 cents.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 21.8% in revenue from the year-earlier quarter to $2.57 billion.

Analyst Ratings: Analysts are optimistic about this stock, with 17 analysts rating it as a buy, none rating it as a sell and three rating it as a hold.

A Look Back: In the fourth quarter of the last fiscal year, profit rose 33.7% to $435.3 million (39 cents a share) from $325.5 million (34 cents a share) the year earlier, meeting analyst expectations. Revenue rose 26.3% to $2.54 billion from $2.02 billion.

Key Stats:

The company enters this earnings announcement with substantial revenue momentum. The company has averaged year-over-year revenue growth of 39.4% over the last four quarters.

Stock Price Performance: Between January 24, 2012 and April 19, 2012, the stock price rose $10.65 (22.3%), from $47.71 to $58.36. The stock price saw one of its best stretches over the last year between January 6, 2012 and January 19, 2012, when shares rose for nine straight days, increasing 11.1% (+$4.66) over that span. It saw one of its worst periods between June 2, 2011 and June 13, 2011 when shares fell for eight straight days, dropping 8.1% (-$3.40) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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