NYSE:LVSHospitality
Las Vegas Sands (LVS): Margin Decline Challenges Bullish Profit Growth Narratives
Las Vegas Sands (LVS) reported net profit margins of 12.7%, slightly below last year's 13.3%, as recent earnings growth came in at 3.5% compared to the company’s five-year average annual gain of 62.5%. Despite the moderation, the company remains profitable with high quality earnings and forecasts pointing to annual earnings growth of about 15.05%, along with revenue growth of 5.6% per year, which trails the broader US market’s 10% pace.
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