Las Vegas Sands Corp. (LVS) experienced a
roller-coaster of performance, outperforming the
market on strongest trading days, while also underperforming on others.
Boston Partners sold their shares in the company, yet other major investors like
Mizuho Markets Americas LLC and
Westpac Banking Corp invested significantly in LVS. The stock
prices have seen dramatic fluctuations with a 21% loss for shareholders investing a year ago but also recorded an upswing of up 17.8% since last earnings report. The company's
Q1 2024 earnings beat market expectations, showing increased year on year revenues. The company also declared
a common stock offering and a whopping
$500,000 donation to the WASH foundation. However, certain analysts have expressed concerns about the company's stock price and despite the strong Q1 2024 results, some have cut their forecasts post reporting. The firm, despite some losses, continues to top estimates thanks to
Macao's recovery.
Las Vegas Sands Corp LVS News Analytics from Wed, 19 Jul 2023 07:00:00 GMT to Sun, 19 May 2024 12:53:49 GMT -
Rating 5
- Innovation -3
- Information 4
- Rumor -2
