Las Vegas Sands Reports Strong Q3 2024 Results
Ticker: LVS · Form: 10-Q · Filed: 2024-10-25T00:00:00.000Z
Sentiment: bullish
Topics: earnings, revenue, net-income, hospitality
TL;DR
LVS Q3: $2.8B revenue, $1.21B net income YTD. Macau & Singapore driving growth.
AI Summary
Las Vegas Sands Corp. reported its Q3 2024 results, with total revenue reaching $2.80 billion for the nine months ending September 30, 2024. Net income for the same period was $1.21 billion. The company's operations in Macau and Singapore continue to be key drivers of its financial performance.
Why It Matters
This filing provides insight into the financial health and operational performance of a major player in the global casino and hospitality industry, impacting investors and the broader travel sector.
Risk Assessment
Risk Level: medium — The company operates in a highly regulated and cyclical industry, subject to economic downturns and geopolitical risks, particularly in its key Asian markets.
Key Numbers
- $2.80B — Revenue (YTD) (Nine months ending September 30, 2024)
- $1.21B — Net Income (YTD) (Nine months ending September 30, 2024)
- 2024-09-30 — Reporting Period End (Quarterly filing)
Key Players & Entities
- LAS VEGAS SANDS CORP (company) — Filer
- 20240930 (date) — Reporting Period End Date
- $2.80 billion (dollar_amount) — Total Revenue for nine months ending September 30, 2024
- $1.21 billion (dollar_amount) — Net Income for nine months ending September 30, 2024
FAQ
What were the total revenues for the nine months ended September 30, 2024?
Total revenues for the nine months ended September 30, 2024, were $2.80 billion.
What was the net income for the nine months ended September 30, 2024?
Net income for the nine months ended September 30, 2024, was $1.21 billion.
What is the company's primary business segment?
The company's primary business segments include Casino, Hotel, Food and Beverage, and Mall operations.
In which jurisdictions does Las Vegas Sands primarily operate?
Las Vegas Sands primarily operates in Macau and Singapore.
What is the fiscal year end for Las Vegas Sands Corp.?
The fiscal year end for Las Vegas Sands Corp. is December 31.
From the Filing
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