Las Vegas Sands Sees Strong Earnings Surge Driven by Macao and Singapore Growth
Thursday 23 de October 2025 / 12:00
2 minutos de lectura
(Macau).- Las Vegas Sands posted a quarterly profit of $419 million, translating to 61 cents per share—up from $275 million, or 38 cents per share, during the same period last year, reflecting the success of its strategic investments in Asia.
Las Vegas Sands increase; green up pointing triangle posted higher profit and sales in the third quarter, with the company citing recently completed investments in Macao and Singapore as paying off.
The operator of casinos and resorts on Wednesday reported a profit of $419 million, or 61 cents a share, compared with $275 million, or 38 cents, in the same quarter a year earlier.
Adjusted earnings were 78 cents a share. Analysts polled by FactSet expected 62 cents a share.
Revenue rose 24.2% to $3.33 billion, ahead of analyst estimates for $3.05 billion. Casino revenue rose to $2.51 billion from $1.94 billion while room revenue jumped to $374 million from $314 million.
“We remain enthusiastic about our growth opportunities in both Macao and Singapore as we realize the benefits of our recently completed capital investment programs,” Chief Executive Robert Goldstein said.
The company is also boosting its existing buyback program and raising its annual dividend by 20%.
The company’s board on Tuesday approved increasing its remaining share repurchase amount to $2 billion, an authorization that extends to Nov. 3, 2027.
Meanwhile, its quarterly dividend is going up to 30 cents a share from 25 cents a share for 2026.
The new payout, equal to $1.20 a year, represents an annual yield of about 2.6%, based on Wednesday’s closing price of $50.62.
Categoría:Casino
Tags: Sin tags
País: Macao
Región: Asia
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