earnings
confidence high
sentiment neutral
materiality 0.75
Las Vegas Sands Q4 net loss $269M; Marina Bay Sands mass gaming revenue hits record
LAS VEGAS SANDS CORP
2022-FY EPS reported
$2.40
revenue$4,110,000,000
- Net revenue $1.12B (+10.8% YoY); operating loss $166M vs $138M loss year ago.
- Net loss from continuing ops $269M; adjusted property EBITDA $222M (vs $251M).
- Sands China net revenue down 31.7% to $439M; net loss $348M.
- Unrestricted cash $6.31B; total debt $15.95B; capex $147M in Q4.
- Macao received new gaming concession during quarter; Singapore record mass gaming and retail revenue.