Las Vegas Sands Beats Estimates with Strong Q3 Performance, Driven by Macao and Singapore
Las Vegas Sands had high profit and $3.33 billion sales. Investments in Macao & Singapore paid off. They raised dividends and buybacks.
Las Vegas Sands had high profit and $3.33 billion sales. Investments in Macao & Singapore paid off. They raised dividends and buybacks.
JPMorgan raises Las Vegas Sands to Overweight with $60 target, citing undervalued Singapore operations and stable Macau outlook after recent stock pullback.
Weak travel data from China's Golden Week holiday caused major casino operators like Las Vegas Sands and Wynn Resorts to see their share prices fall.