Las Vegas Sands Corp (LVS) has experienced mixed performance in the market with notable growth in short interest. The company's stock has reported underperformance on several occasions but has also witnessed intermittent rises. LVS recently provided its Q1 2024 earnings call transcript, indicating impressive revenues and earnings that beat expectations, despite the sluggish market performance.
Purchases of LVS stock have been notable, with Northern Trust Corp and Rafferty Asset Management LLC increasing their positions. There is widespread analyst consensus that LVS presents a Moderate Buy opportunity. The company's Macao business aids in negotiating the pressure of persistent high debt and their Q1 2024 performance surpassed revenue forecasts. LVS also experienced increased net income, reaching an impressive $469 million. Nonetheless, LVS has endured a 21% loss for shareholders over the past year. Its standings, however, remain strong, having been named to Fortune's list of World’s Most Admired Companies for the 10th time. LVS also continues contributing to the community through numerous Sands Cares donations.
Las Vegas Sands Corp LVS News Analytics from Wed, 18 Oct 2023 07:00:00 GMT to Sun, 16 Jun 2024 14:19:43 GMT - Rating 1 - Innovation -3 - Information 3 - Rumor -2
