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Las Vegas Sands Corp   (LVS)
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    Sector  Services    Industry Casinos & Gaming
   Industry Casinos & Gaming
   Sector  Services
 



EARNINGS REPORT by CSIMarket

Income Positive Again, Sales Down Slightly

Las Vegas Sands Corp announced forth quarter 2019 operating surplus of $934 millions

Company has managed to turn into profitability on declining sales, eps was at $0.82 in the forth quarter 2019 but Sales declined by -1.96 % to $3.51 billions compare to previous year quarter.

From preceding quarter, income per share increased from $0.69 per share and Sales advanced by 7.97 % from $3.25 billions.

Company achieved net income of $783 millions in the forth quarter 2019 an improvement versus a net loss of $-49 millions in the same quarter a year ago. Las Vegas Sands Corp also emphasized it's improving profit margins, where net margin rose to 22.31% in forth quarter 2019, and operating margin edged up to 26.62%.
Looking into financial results for the fiscal year 2019, Las Vegas Sands Corp reported Sales of $13.74 billions and net income of $3.30 billions.

Casinos & Gaming Company explained also, that Income per share increased by 14.01 % to $3.50 per share from $3.07 in the previous fiscal year, while Sales increased by 0.07 % from $13.73 billions a year ago.


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In the fourth quarter Morgan Group Holding Co losses widen of $-0.01 per share compared to $-0.00 a year ago and from $-0.01 per share from the previous quarter.

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In the fourth quarter losses widen of $-0.01 per share compared to $-0.00 a year ago and from $-0.01 per share from the previous quarter.

Revenues remained unchanged to $9.25 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

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Economy gains 273,000 jobs, unemployment rate 3.5 %

The nonfarm payrolls grew 273,000 in February, as faster hiring puts more money in the hands of consumers, what usually leads to an increase in spending,

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Other LVS's Earnings Reports

Las Vegas Sands reported third quarter 2019 earnings

Las Vegas Sands reported second quarter 2019 earnings

Las Vegas Sands reported first quarter 2019 earnings

             
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