Earnings Preview: What To Expect From Las Vegas Sands On Wednesday

SourceForbes
SectorEconomy
CountryGulf

FILE – This June 17, 2014 file photo shows the Sands Expo and Convention Center and The Palazzo in … [+] Las Vegas. Las Vegas Sands Corp. (LVS) on Wednesday, Jan.

27, 2021 reported a fourth-quarter loss of $299 million, after reporting a profit in the same period a year earlier. (AP Photo/John Locher, File) Las Vegas Sands Inc. is scheduled to report earnings after Wednesday’s close. The stock hit a record high of $148. 76/share in 2007 and is currently trading near $47/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. To help you prepare, here is what the Street is expecting: The company is expected to report a loss of ($0. 19)/share on $1. 45 billion in revenue. Meanwhile, the so-called Whisper number is not available as analysts do not have one for this quarter....read more...