Las Vegas Sands Corp. (NYSE:LVS) is slated to report its fourth quarter results today after the closing bell. Analysts are estimating the casino operator to report solid growth in both the topline and bottomline.
Currently, analysts are projecting the company report earnings of 39 cents a share, 36 cents better than its year ago EPS of 3 cents. Revenue is also expected to grow by 60.80% to $2.07 billion from $1.28 billion in a year ago quarter.
The company has beaten analyst projections in the past three consecutive quarters by a wider margin.
In the previous quarter, the company had provided solid healthy margin improvements and record consolidated revenue.
Shares of LVS have risen about 2% since it reported its third quarter results.
The stock has soared over 200% in the past one year and outperformed the wider market significantly.
Shares of LVS are now up 2% to $50.39.
Las Vegas Sands Corp. (LVSC) owns and operates The Venetian Resort Hotel Casino (The Venetian Las Vegas), The Palazzo Resort Hotel Casino (The Palazzo) and The Sands Expo and Convention Center (the Sands Expo Center) in Las Vegas, Nevada, and the Sands Macao.
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