Seeking Alpha

Las Vegas Sands misses by $0.04, misses on revenue

  • Las Vegas Sands (NYSE:LVS): Q2 EPS of $0.85 misses by $0.04.
  • Revenue of $3.62B (+11.7% Y/Y) misses by $220M.
  • Shares -3.8%.
  • Press Release
From other sites
Comments (4)
  • Tai Yu
    , contributor
    Comments (1107) | Send Message
     
    LVS makes some 70% of its earning from Macau. Sentiment towards the casinos in Hong Kong has been bearish. I believe China will uphold the economy in Macau and gaming is the only viable industry there. LVS may rebound one day.

     

    Since gapping down on July 8, the technicals have turned ugly. In the past two days, we can see 'two crow' bearish pattern on 100% higher volume and this accentuates the bearishness. LVS may get support at $72. Let us see
    16 Jul 2014, 04:31 PM Reply Like
  • Coltgunsil
    , contributor
    Comments (86) | Send Message
     
    Revenue is still up yoy by 11.7 %. That is a great job by great management. Too bad analysts who don't know the odds on 6 & 8 are so far off on their "estimates." They should only do half as well at their jobs as Sheldon Adelson does doing his.

     

    These analyst estimates are garbage by charlatans in traffic cone hats reading crystal balls.
    16 Jul 2014, 05:41 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5846) | Send Message
     
    Colt,

     

    agree -- forget the analyst "estimates"-- they are just that

     

    the revenue number was strong.. 30% EPS increase...

     

    If the AH weakness continues at the open - its a gift..
    16 Jul 2014, 08:38 PM Reply Like
  • Kamil Kolacek
    , contributor
    Comments (995) | Send Message
     
    It wasn't a bad quarter all, Macau will rebound and be strong, and LVS will continue to prosper and thrive from the huge long-term China wave.
    16 Jul 2014, 05:59 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs