Published on 18 Apr 2024 on Benzinga
Shares of Las Vegas Sands Corp. LVS fell sharply during Thursday's session despite better-than-expected first-quarter results.
The company reported quarterly adjusted earnings of 75 cents per share which beat the analyst consensus estimate of 62 cents and represented a 167.86% increase from the same period last year. Quarterly sales clocked in at $2.96 billion which beat the analyst consensus estimate of $2.94 billion and is a 39.58% increase over sales of $2.12 billion from the same quarter last year, according to data from Benzinga Pro.