Wednesday, January 28, 2015

Las Vegas Sands (LVS) Stock Lower Ahead of Today's Earnings Results

NEW YORK (TheStreet) -- Shares of Las Vegas Sands Corp. are down by 1.49% to $56.08 in mid-morning trading on Wednesday, ahead of the company's expected release of its 2014 fourth quarter earnings results. The casino operator will report after the market close today and analysts are expecting Las Vegas Sands to post a year-over-year decline in its financial results for the most recent quarter. Analysts have forecast for earnings of 81 cents per share on revenue of $3.51 billion for the 2014 fourth quarter. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. For the 2013 fourth quarter Las Vegas Sands said its adjusted earnings were 87 cents per diluted share on revenue of $3.66 billion. Separately, TheStreet Ratings team rates LAS VEGAS SANDS CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation: "We rate LAS VEGAS SANDS CORP (LVS) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, reasonable valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself." Highlights from the analysis by TheStreet Ratings Team goes as follows: LAS VEGAS SANDS CORP has improved earnings per share by 9.2% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, LAS VEGAS SANDS CORP increased its bottom line by earning $2.79 versus $1.85 in the prior year. This year, the market expects an improvement in earnings ($3.47 versus $2.79). The net income growth from the same quarter one year ago has significantly exceeded that of the Hotels, Restaurants & Leisure industry average, but is less than that of the S&P 500. The net income increased by 7.2% when compared to the same quarter one year prior, going from $626.74 million to $671.71 million. 46.68% is the gross profit margin for LAS VEGAS SANDS CORP which we consider to be strong. It has increased from the same quarter the previous year. Along with this, the net profit margin of 19.01% is above that of the industry average. Net operating cash flow has slightly increased to $1,226.65 million or 7.92% when compared to the same quarter last year. Despite an increase in cash flow, LAS VEGAS SANDS CORP's average is still marginally south of the industry average growth rate of 11.84%. You can view the full analysis from the report here: LVS Ratings Report STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.


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