Las Vegas Sands Missed 2015 Q4 Earnings Estimates

Las Vegas Sands Corp (LVS – Analyst Report) last night released their fourth quarter fiscal 2015 earnings results, posting earnings of $0.62 and revenue of $2.862 billion.
 
Currently, LVS has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.
 
Las Vegas Sands:
                           
1. Missed earnings estimates. The company posted $0.62, missing our Zacks Consensus Estimate of $0.64. Las Vegas Sands’ EPS figure excludes $0.03 from non-recurring items.
 
2. Missed revenue estimates. The company saw revenue figures of $2.862 billion, missing our estimate of $2.916 billion.

3. The Company paid out dividends of $0.65 per share.

4. Mr. Sheldon G. Adelson, chairman and chief executive officer, said, “The operating environment in Macao remained challenging during the quarter; however, our focus on the higher margin mass and non-gaming segments and the geographic diversification of our cash flows allowed us to once again deliver in excess of one billion U.S. dollars of adjusted property EBITDA during the quarter. We remain sharply focused on the consistent execution of our global growth strategy, which leverages the power of our unique convention-based Integrated Resort business model.”

 
5. LVS is only up 0.05% as of 5:06 PM ET in after hours trading shortly after its earnings report was released.
 
Here’s a graph that looks at Las Vegas Sands’ stock price over 2 years:
 

Las Vegas Sands Corporation (LVS – Analyst Report) Stock Price – 2 Years | FindTheCompany

 
Las Vegas Sands Corp. is a hotel, gaming, and retail mall company headquartered in Las Vegas, Nevada. The company owns The Venetian Resort Hotel Casino, the Sands Expo and Convention Center, Venetian Interactive, an internet based venture, and Venetian Macao Limited, a developer of multiple casino hotel resort properties in The People’s Republic of China’s Special Administrative Region of Macao. Las Vegas Sands was founded in 1988 and is headquartered in Paradise, Nevada.