Las Vegas Sands
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Las Vegas Sands beat expectations on revenues and whiffed on earnings per share.
Compared to the prior-year quarter, revenue grew significantly. Non-GAAP earnings per share shrank. GAAP earnings per share increased significantly.
Gross margins increased, operating margins dropped, net margins dropped.
Las Vegas Sands logged revenue of $3.23 billion. The 22 analysts polled by S&P Capital IQ predicted revenue of $3.03 billion on the same basis. GAAP reported sales were 21% higher than the prior-year quarter's $2.54 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.54. The 23 earnings estimates compiled by S&P Capital IQ predicted $0.60 per share. Non-GAAP EPS of $0.54 for Q4 were 5.3% lower than the prior-year quarter's $0.57 per share. GAAP EPS of $0.53 for Q4 were 36% higher than the prior-year quarter's $0.39 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 159.1%, 610 basis points better than the prior-year quarter. Operating margin was 21.9%, 420 basis points worse than the prior-year quarter. Net margin was 14.1%, 300 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $3.24 billion. On the bottom line, the average EPS estimate is $0.66.
Next year's average estimate for revenue is $13.14 billion. The average EPS estimate is $2.73.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,816 members out of 2,125 rating the stock outperform, and 309 members rating it underperform. Among 480 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 427 give Las Vegas Sands a green thumbs-up, and 53 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Las Vegas Sands is outperform, with an average price target of $51.98.
Looking for alternatives to Las Vegas Sands? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add Las Vegas Sands to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.