Las Vegas Sands Files 8-K on Financial Results & Condition
Ticker: LVS · Form: 8-K · Filed: Jan 24, 2024 · CIK: 1300514
| Field | Detail |
|---|---|
| Company | Las Vegas Sands CORP (LVS) |
| Form Type | 8-K |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K, corporate-filing
TL;DR
**LVS just dropped an 8-K on financial results, get ready for potential market moves.**
AI Summary
Las Vegas Sands Corp. filed an 8-K on January 24, 2024, to report its financial results and condition, specifically under Item 2.02 and Item 9.01. This filing indicates the company is providing an update on its operations, which is crucial for investors to understand its current financial health and performance. For shareholders, this means new information is available that could influence the stock's future price, as it provides transparency into the company's recent business activities and financial standing.
Why It Matters
This filing provides investors with the latest financial performance and operational updates for Las Vegas Sands, directly impacting their assessment of the company's value and future prospects.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and condition, which is standard for public companies and does not inherently indicate high risk.
Analyst Insight
A smart investor would review the full financial statements and exhibits once available to understand the specifics of the 'Results of Operations and Financial Condition' reported on January 24, 2024, before making any investment decisions.
Key Numbers
- 001-32373 — Commission File Number (identifies the company's filings with the SEC)
- 2024-01-24 — Date of Report (indicates when the reported event occurred and the filing was made)
- $0.001 — Common Stock Par Value (the nominal value assigned to each share of common stock)
Key Players & Entities
- LAS VEGAS SANDS CORP. (company) — the registrant filing the 8-K
- Nevada (location) — state of incorporation for Las Vegas Sands Corp.
- New York Stock Exchange (exchange) — where Las Vegas Sands Corp. Common Stock is registered
- January 24, 2024 (date) — date of earliest event reported and filing date
- 001-32373 (number) — Commission File Number
- 27-0099920 (number) — IRS Employer Identification No.
- $0.001 (dollar_amount) — par value of Common Stock
Forward-Looking Statements
- Las Vegas Sands Corp. will hold an earnings call to discuss these financial results. (LAS VEGAS SANDS CORP.) — high confidence, target: 2024-02-15
- Analyst ratings for LVS stock will be updated following the full release of financial details. (LVS) — medium confidence, target: 2024-02-29
FAQ
What specific items were reported in this 8-K filing by Las Vegas Sands Corp.?
The 8-K filing by Las Vegas Sands Corp. reported information under Item 2.02, 'Results of Operations and Financial Condition,' and Item 9.01, 'Financial Statements and Exhibits,' as indicated in the 'ITEM INFORMATION' section of the filing.
What is the filing date and the date of the earliest event reported for this 8-K?
The filing date for this 8-K is January 24, 2024, and the date of the earliest event reported is also January 24, 2024, as stated in the filing.
On which stock exchange is Las Vegas Sands Corp.'s Common Stock registered, and what is its trading symbol?
Las Vegas Sands Corp.'s Common Stock ($0.001 par value) is registered on the New York Stock Exchange, and its trading symbol is LVS, according to the 'Securities registered pursuant to Section 12(b) of the Act' section.
What is the state of incorporation for Las Vegas Sands Corp.?
Las Vegas Sands Corp. is incorporated in Nevada, as specified in the 'State or other jurisdiction of incorporation' section of the filing.
Is Las Vegas Sands Corp. considered an emerging growth company according to this filing?
No, the filing indicates with an unchecked box (☐) that Las Vegas Sands Corp. is not an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 582 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-01-24 16:09:33
Key Financial Figures
- $0.001 — ange on which registered Common Stock ($0.001 par value) LVS New York Stock Exchange
Filing Documents
- lvs-20240124.htm (8-K) — 34KB
- lvs_ex991x12312023.htm (EX-99.1) — 681KB
- sandslogoa.jpg (GRAPHIC) — 13KB
- 0001300514-24-000008.txt ( ) — 900KB
- lvs-20240124.xsd (EX-101.SCH) — 2KB
- lvs-20240124_lab.xml (EX-101.LAB) — 24KB
- lvs-20240124_pre.xml (EX-101.PRE) — 12KB
- lvs-20240124_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
ITEM 2.02. Results of Operations and Financial Condition. The following information is being furnished under Item 2.02 - Results of Operations and Financial Condition. On January 24, 2024, Las Vegas Sands Corp. (the "Company") issued a press release announcing its results of operations for the fourth quarter ended December 31, 2023. The press release is attached as Exhibit 99.1 to this report and is incorporated by reference into this item. Within the Company's fourth quarter ended December 31, 2023 press release, the Company makes reference to certain non-GAAP financial measures that supplement the Company's consolidated financial information prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") including "adjusted net income/loss," "adjusted earnings/loss per diluted share," and "consolidated adjusted property EBITDA," which have directly comparable GAAP financial measures. The Company believes these measures represent important internal measures of financial performance. The specific reasons why the Company's management believes that the presentation of the non-GAAP financial measures provides useful information to investors regarding the Company's financial condition, results of operations and cash flows are set forth in the press release.
01. Financial Statements and Exhibits
ITEM 9.01. Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release, dated January 24, 2024 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned, hereunto duly authorized. Dated: January 24, 2024 LAS VEGAS SANDS CORP. By: /S/ R ANDY H YZAK Name: Randy Hyzak Title: Executive Vice President and Chief Financial Officer