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Las Vegas Sands Reports Q4 Earnings Decline, Misses Estimates

Las Vegas Sands Corp. reports a decline in fourth quarter earnings, missing analysts' estimates. The earnings came in at $324 million, or $0.45 per share, compared to $382 million last year.

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AI Rating:   4

Declining Earnings per Share (EPS) and Revenue

Las Vegas Sands Corp. has reported a decrease in earnings for the fourth quarter, bringing in $324 million or $0.45 per share. This is a decline from $382 million or $0.50 per share from the same period last year. The fact that the reported EPS also missed analysts' expectations of $0.58 per share further emphasizes the disappointing performance.

The company experienced a slight 0.7% decline in revenue for the period, totaling $2.896 billion compared to $2.915 billion last year. This indicates a worrying trend as both earnings and revenue have contracted over the year which can lead to negative sentiment among investors.

Furthermore, the adjusted earnings stood at $387 million or $0.54 per share, which, while better than the GAAP EPS, does not alleviate concerns since it still fell short of expectations. An overall downward trajectory in both earnings and revenue could signal challenges ahead for the company.

In summary, the reported figures indicate a struggling performance for Las Vegas Sands Corp. during the fourth quarter, highlighting potential concerns for investors moving forward.