Las Vegas Sands (LVS) Misses Q4 EPS by 7c
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Las Vegas Sands Reports Fourth Quarter 2018 Results
January 23, 2019 4:05 PM ESTLAS VEGAS, Jan. 23, 2019 /PRNewswire/ --
For the Quarter Ended December 31, 2018(Compared to the Quarter Ended December 31, 2017)
- Consolidated Net Revenue Increased 2.5% to $3.48 Billion
- Due to U.S. Tax Reform, Net Loss of $40 Million and $0.22 per Diluted Share Includes a Nonrecurring Non-Cash Income Tax Expense of $727 Million
- Adjusted Earnings per Diluted Share Was $0.77 and Excludes the $0.93 Impact per Diluted Share Due to U.S. Tax Reform
- Hold-Normalized Adjusted Property EBITDA Increased 0.2% to $1.30 Billion, Consolidated Adjusted Property EBITDA Was $1.27 Billion
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