Las Vegas Sands (LVS) Misses Q2 EPS by 5c

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Las Vegas Sands Reports Second Quarter 2018 Results

July 25, 2018 4:05 PM EDT

LAS VEGAS, July 25, 2018 /PRNewswire/ --

For the Quarter Ended June 30, 2018(Compared to the Quarter Ended June 30, 2017)

- Consolidated Net Revenue Increased 6.2% to $3.30 Billion

- Net Income Increased 5.8% to $676 Million; Hold-Normalized Adjusted Net Income Increased 21.3% to $597 Million

- GAAP Earnings per Diluted Share Increased 1.4% to $0.70; Adjusted Earnings per Diluted Share Increased 1.4% to $0.74; Hold-Normalized Adjusted Earnings per Diluted Share Increased 22.6% to $0.76

- Consolidated Adjusted Property EBITDA Increased 1.4% to $1.23 Billion, While Hold-Normalized Adjusted Property EBITDA Increased 11.6% to $1.23 Billion

- In Macao, Adjusted Property EBITDA Increased 25.0% to $750 Million, While... More