February 16, 2017
Fortune Names Las Vegas Sands a "World's Most Admired Company"
Las Vegas Sands (NYSE: LVS) has been named as one of Fortune's World's Most Admired Companies. The annual list is a ranking of the world's most respected and reputable companies, as judged by peers in their industry. "Being recognized as one of the world's most admired companies is a testament to the dedication and professionalism of the more than 50,000 Las Vegas Sands team members we employ around the globe. As the founder of this company, nothing makes me prouder than to see our company receive such a notable distinction," said Sheldon G. Adelson, chairman and chief executive officer of Las Vegas Sands. Las Vegas Sands is the world's largest developer and operator of integrated resorts serving both the business and leisure tourism markets. The company's portfolio consists of world-class destination resorts and three of the world's largest convention centers, encompassing more than 22,000 hotel suites, more than 5.6 million square feet of meeting and convention space, and more...
• Read more
January 25, 2017
Las Vegas Sands Reports Fourth Quarter and Full Year 2016 Results
For the Quarter Ended December 31, 2016 (Compared to the Quarter Ended December 31, 2015) Consolidated Net Revenue Increased 7.4% to $3.08 Billion, Net Income Increased 5.6% to $607 Million GAAP Earnings per Diluted Share was $0.64; Adjusted Earnings per Diluted Share was $0.62; and Hold-Normalized Adjusted Earnings per Diluted Share was $0.58 Consolidated Adjusted Property EBITDA Increased 6.1% to $1.12 Billion, With Margin of 36.3% Hold-Normalized Adjusted Property EBITDA was $1.07 Billion, With Margin of 35.7% In Macao: Adjusted Property EBITDA Increased 5.0% to $610 Million, While Hold-Normalized Adjusted Property EBITDA Increased 2.0% to $566 Million The Parisian Macao Generated Adjusted Property EBITDA of $95 Million During Its First Full Quarter of Operation At Marina Bay Sands in Singapore: Adjusted Property EBITDA Increased 8.0% to $366 Million, With Margin Increasing 240 basis points to 50.6% Hotel RevPAR Increased 7.9% to $409 At Our Las Vegas Operating Properties:...
• Read more
January 17, 2017
Las Vegas Sands to Announce Fourth Quarter 2016 Financial Results
Las Vegas Sands (NYSE: LVS) announced today that it will release its financial results for the quarter ended December 31, 2016 on Wednesday, January 25, 2017 . The company will release its financial results shortly after the market close of the New York Stock Exchange and will host a conference call to discuss its results at approximately 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). A webcast of the conference call may be accessed at the Investor Relations section of the company's website at www.sands.com . About Las Vegas Sands Las Vegas Sands (NYSE: LVS) is the world's leading developer and operator of Integrated Resorts. Our collection of Integrated Resorts in Asia and the United States feature state-of-the-art convention and exhibition facilities, premium accommodations, world-class gaming and entertainment, destination retail and dining including celebrity chef restaurants and many other amenities. Our properties include The Venetian and The Palazzo resorts and Sands...
• Read more