Las Vegas Sands Ready for its Quarterly Earnings Release

Published on Tuesday, 31 January 2012 12:12 Written by Christopher Lynn

New York, January 31st (TradersHuddle.com) - Shares of Las Vegas Sands Corp. (NYSE:LVS) are trading lower by -0.91% ahead of its quarterly earnings release. Las Vegas Sands, the owner and operator of casino resorts and convention centers in the U.S., Macau, and Singapore is expected to release its quarterly results on January 1^st.

Wall Street Analysts consensus calls for a profit of $0.56 a share on $2.46 billion revenue.

Las Vegas Sands estimates have a range of $0.15 a share. The high estimate calls for profit of $0.64 a share and the low estimate is calling for a profit of $0.49 a share, a year ago for the quarter the company reported $0.42 a share.

Las Vegas Sands Corp. (NYSE:LVS) owns and operates casino resorts and convention centers. The Company operates in United States, Macau, and Singapore and offers a wide range of gaming activities and entertainment as well as overnight accommodations in properties like the Venetian and the Palazzo in Las Vegas, NV. Its expo centers host a wide range of entertainment shows, expositions, and other activities.

Other companies on the watch on this earnings event are Wynn Resorts Limited NASDAQ:WYNN and Ameristar Casinos, Inc. NASDAQ:ASCA.