Las Vegas Sands Corp. Fourth Quarter Earnings Sneak Peek

Las Vegas Sands Corp. (NYSE:LVS) will unveil its latest earnings on Wednesday, February 1, 2012. Las Vegas Sands develops integrated resorts worldwide. It owns and operates The Venetian Resort Hotel Casino, The Palazzo Resort Hotel Casino, and an expo and convention center.

Las Vegas Sands Corp. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 56 cents per share, a rise of 33.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 54 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 56 cents during the last month. For the year, analysts are projecting net income of $1.98 per share, a rise of more than twofold from last year.

Past Earnings Performance: The company is looking to beat analyst estimates for the third quarter in a row. Last quarter, it beat estimates with profit of 55 cents per share against the mean estimate of 53 cents. In the prior quarter, the company reported net income of 54 cents.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 21.8% in revenue from the year-earlier quarter to $2.46 billion.

Analyst Ratings: Analysts are bullish on this stock with 17 analysts rating it as a buy, none rating it as a sell and three rating it as a hold.

A Look Back: In the third quarter, profit rose 98.1% to $424.9 million (44 cents a share) from $214.5 million (21 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 26.2% to $2.41 billion from $1.91 billion.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 47.1%, with the biggest boost coming in the first quarter when revenue rose 58.2% from the year earlier quarter.

Competitors to Watch: MGM Resorts International. (NYSE:MGM), Wynn Resorts, Limited (NASDAQ:WYNN), Melco Crown Entertainment Ltd (NASDAQ:MPEL), Boyd Gaming Corporation (NYSE:BYD), Century Casinos, Inc. (NASDAQ:CNTY), and Ameristar Casinos, Inc. (NASDAQ:ASCA).

Stock Price Performance: During December 27, 2011 to January 26, 2012, the stock price had risen $4.98 (11.3%) from $43.99 to $48.97. The stock price saw one of its best stretches over the last year between January 6, 2012 and January 19, 2012 when shares rose for nine-straight days, rising 11.1% (+$4.68) over that span. It saw one of its worst periods between June 2, 2011 and June 13, 2011 when shares fell for eight-straight days, falling 8.1% (-$3.41) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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