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Aditya Sarawgi

YOU WONT BELIEVE: Las vegas sands earnings preview what to expect - You Need To See This

Las Vegas Sands LVS

Nevada-based Las Vegas Sands Corp. (LVS) develops, owns, and operates numerous integrated resorts in Macau and Singapore. With a market cap of $38.1 billion, its integrated resorts feature luxurious accommodations, casinos, entertainment, malls, celebrity chef restaurants, and other amenities. The resorts and casinos operator is expected to announce its fiscal Q3 earnings on Wednesday, Oct. 16.

Ahead of the event, analysts expect LVS to report a profit of $0.55 per share, matching the year-ago quarter’s figures. The company has surpassed Wall Street’s consensus estimates twice over the past four quarters while missing the estimates on two other occasions. Although its EPS for the last reported quarter grew by 19.6% year-over-year to $0.55, it missed the consensus estimates by 6.8%.

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