earnings
confidence high
sentiment negative
materiality 0.75
Las Vegas Sands Q3 revenue falls to $3.22B; net income $352M, EBITDA $1.12B; dividend raised 20% for 2027
LAS VEGAS SANDS CORP
- Net revenue $3.22B vs $3.33B prior year; operating income $618M vs $719M; net income $352M vs $491M.
- Diluted EPS $0.48; consolidated adjusted property EBITDA $1.12B vs $1.34B in the prior-year quarter.
- Sands China net revenue rose 1.4% to $1.93B, but net income fell 29.8% to $191M from $272M.
- Board announced a 20% increase in the recurring dividend for 2027 to $1.44/share annually ($0.36/quarter); next $0.30 dividend payable Nov 10 to holders of record Nov 2.
- Repurchased $950M of common stock (~21M shares at avg $45.31); remaining authorization $5.06B; bought 62M SCL shares for HKD 793M, raising SCL ownership to 75.56%.