Announcement • Apr 16
Las Vegas Sands Corp. to Report Q1, 2026 Results on Apr 22, 2026 Las Vegas Sands Corp. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 22, 2026 Announcement • Apr 02
Las Vegas Sands Corp., Annual General Meeting, May 14, 2026 Las Vegas Sands Corp., Annual General Meeting, May 14, 2026. Announcement • Jan 30
Las Vegas Sands Corp. announces Quarterly dividend, payable on February 18, 2026 Las Vegas Sands Corp. announced Quarterly dividend of USD 0.3000 per share payable on February 18, 2026, ex-date on February 09, 2026 and record date on February 09, 2026. Announcement • Jan 22
Las Vegas Sands Corp. to Report Q4, 2025 Results on Jan 28, 2026 Las Vegas Sands Corp. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Jan 28, 2026 Announcement • Oct 16
Las Vegas Sands Corp. to Report Q3, 2025 Results on Oct 22, 2025 Las Vegas Sands Corp. announced that they will report Q3, 2025 results After-Market on Oct 22, 2025 Announcement • Jul 25
Las Vegas Sands Corp. announces Quarterly dividend, payable on August 13, 2025 Las Vegas Sands Corp. announced Quarterly dividend of USD 0.2500 per share payable on August 13, 2025, ex-date on August 05, 2025 and record date on August 05, 2025. Announcement • Jul 17
Las Vegas Sands Corp. to Report Q2, 2025 Results on Jul 23, 2025 Las Vegas Sands Corp. announced that they will report Q2, 2025 results After-Market on Jul 23, 2025 Announcement • Apr 24
Las Vegas Sands Corp. Announces Quarterly Dividend, Payable on May 14, 2025 Las Vegas Sands Corp. announced next quarterly dividend of $0.25 per common share will be paid on May 14, 2025, to Las Vegas Sands stockholders of record on May 6, 2025. Announcement • Apr 17
Las Vegas Sands Corp. to Report Q1, 2025 Results on Apr 23, 2025 Las Vegas Sands Corp. announced that they will report Q1, 2025 results After-Market on Apr 23, 2025 Announcement • Apr 05
Las Vegas Sands Corp., Annual General Meeting, May 15, 2025 Las Vegas Sands Corp., Annual General Meeting, May 15, 2025. Announcement • Mar 13
Las Vegas Sands Corp. Appoints Mark Besca to Serve as the Chair of the Compliance Committee and as A Member of the Audit Committee On January 27, 2025, Las Vegas Sands Corp. filed a Current Report on Form 8-K to disclose that on January 27, 2025, the Company’s Board of Directors (the “Board”) elected Mark Besca as a new member of the Board, effective immediately. Mr. Besca had not been appointed to any committee of the Board as of the Original Report. The Company is filing this amendment to the Original Report to disclose that on March 11, 2025, the Board appointed Mr. Besca to serve as the Chair of the Board’s Compliance Committee and as a member of the Board’s Audit Committee, effective immediately. Announcement • Mar 12
Las Vegas Sands Corp. Appoints Muktesh "Micky" Pant as New Member of the Board and Member of the Board's Nominating and Governance Committee and Compliance Committee On March 11, 2025, Las Vegas Sands Corp.'s (the Company's) Board of Directors elected Muktesh "Micky" Pant as a new member of the Board, effective immediately. The Board also appointed Mr. Pant to serve as a member of the Board's Nominating and Governance Committee and Compliance Committee, effective immediately. Announcement • Jan 23
Las Vegas Sands Corp. to Report Q4, 2024 Results on Jan 29, 2025 Las Vegas Sands Corp. announced that they will report Q4, 2024 results After-Market on Jan 29, 2025 Recent Insider Transactions • Nov 14
Chairman recently sold €1.2m worth of stock On the 7th of November, Robert Goldstein sold around 24k shares on-market at roughly €48.21 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €5.9m. Robert has been a net seller over the last 12 months, reducing personal holdings by €12m. Recent Insider Transactions • Nov 01
Chairman recently sold €5.9m worth of stock On the 29th of October, Robert Goldstein sold around 119k shares on-market at roughly €49.74 per share. This transaction amounted to 59% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Robert has been a net seller over the last 12 months, reducing personal holdings by €11m. Declared Dividend • Oct 27
Third quarter dividend of US$0.20 announced Shareholders will receive a dividend of US$0.20. Ex-date: 5th November 2024 Payment date: 13th November 2024 Dividend yield will be 1.6%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 63% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: US$0.38 (vs US$0.50 in 3Q 2023) Third quarter 2024 results: EPS: US$0.38 (down from US$0.50 in 3Q 2023). Revenue: US$2.68b (down 4.0% from 3Q 2023). Net income: US$275.0m (down 28% from 3Q 2023). Profit margin: 10% (down from 14% in 3Q 2023). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Oct 24
Las Vegas Sands Corp. Announces Quarterly Dividend, Payable on November 13, 2024 Las Vegas Sands Corp. announced quarterly dividend of $0.20 per common share will be paid on November 13, 2024, to Las Vegas Sands stockholders of record on November 5, 2024. Announcement • Oct 17
Las Vegas Sands Corp. to Report Q3, 2024 Results on Oct 23, 2024 Las Vegas Sands Corp. announced that they will report Q3, 2024 results After-Market on Oct 23, 2024 Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €42.96, the stock trades at a forward P/E ratio of 19x. Average trailing P/E is 13x in the Hospitality industry in Germany. Total returns to shareholders of 40% over the past three years. Board Change • Aug 06
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Employee Director Alain Li was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jul 18
Las Vegas Sands Corp. to Report Q2, 2024 Results on Jul 24, 2024 Las Vegas Sands Corp. announced that they will report Q2, 2024 results After-Market on Jul 24, 2024 Upcoming Dividend • Apr 29
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 06 May 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%). Reported Earnings • Apr 18
First quarter 2024 earnings released: EPS: US$0.66 (vs US$0.19 in 1Q 2023) First quarter 2024 results: EPS: US$0.66 (up from US$0.19 in 1Q 2023). Revenue: US$2.96b (up 40% from 1Q 2023). Net income: US$494.0m (up 236% from 1Q 2023). Profit margin: 17% (up from 6.9% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Apr 18
Las Vegas Sands Corp. Announces Quarterly Dividend, Payable on May 15, 2024 Las Vegas Sands Corp. announced its next quarterly dividend of $0.20 per common share will be paid on May 15, 2024, to the company's stockholders of record on May 7, 2024. Announcement • Apr 11
Las Vegas Sands Corp. to Report Q1, 2024 Results on Apr 17, 2024 Las Vegas Sands Corp. announced that they will report Q1, 2024 results After-Market on Apr 17, 2024 Announcement • Mar 29
Las Vegas Sands Corp., Annual General Meeting, May 09, 2024 Las Vegas Sands Corp., Annual General Meeting, May 09, 2024, at 11:00 Pacific Daylight. Agenda: To consider election of directors; to consider ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024; to consider An advisory (non-binding) vote to approve the compensation of the named executive officers; to consider approval of the amendment and restatement of the 2004 Equity Award Plan; and to consider other business issues. Recent Insider Transactions • Mar 20
Chairman recently sold €4.8m worth of stock On the 15th of March, Robert Goldstein sold around 100k shares on-market at roughly €47.81 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months. Announcement • Feb 08
Las Vegas Sands Corp. Declares Quarterly Dividend, Payable on February 14, 2024 Las Vegas Sands Corp. announced next quarterly dividend of $0.20 per common share will be paid on February 14, 2024, to Las Vegas Sands stockholders of record on February 6, 2024. Reported Earnings • Jan 25
Full year 2023 earnings released: EPS: US$1.62 (vs US$1.40 loss in FY 2022) Full year 2023 results: EPS: US$1.62 (up from US$1.40 loss in FY 2022). Revenue: US$10.4b (up 152% from FY 2022). Net income: US$1.22b (up US$2.29b from FY 2022). Profit margin: 12% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Jan 19
Las Vegas Sands Corp. Announces Board Changes On January 13, 2024, Nora Jordan notified Las Vegas Sands Corp. that, effective January 22, 2024, she is resigning from the Company’s Board of Directors and David Levi notified the Company that, effective January 22, 2024, he is resigning from the Company’s Board. Mr. Levi’s resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Additionally, on January 18, 2024, the Company’s Board elected Alain Li as a new member of the Board, effective January 22, 2024. Announcement • Jan 18
Las Vegas Sands Corp. to Report Q4, 2023 Results on Jan 24, 2024 Las Vegas Sands Corp. announced that they will report Q4, 2023 results After-Market on Jan 24, 2024 Upcoming Dividend • Oct 30
Upcoming dividend of US$0.20 per share at 1.7% yield Eligible shareholders must have bought the stock before 06 November 2023. Payment date: 15 November 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.8%). Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: US$0.50 (vs US$0.31 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0.50 (up from US$0.31 loss in 3Q 2022). Revenue: US$2.80b (up 178% from 3Q 2022). Net income: US$380.0m (up US$618.0m from 3Q 2022). Profit margin: 14% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Oct 19
Las Vegas Sands Corp. Announces Quarterly Dividend, Payable on November 15, 2023 Las Vegas Sands Corp. announced its next quarterly dividend of $0.20 per common share will be paid on November 15, 2023, to Las Vegas Sands stockholders of record on November 7, 2023. Announcement • Oct 12
Las Vegas Sands Corp. to Report Q3, 2023 Results on Oct 18, 2023 Las Vegas Sands Corp. announced that they will report Q3, 2023 results After-Market on Oct 18, 2023 Board Change • Oct 09
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Independent Non-Employee Director Nora Jordan was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jul 31
Upcoming dividend of US$0.20 per share at 1.4% yield Eligible shareholders must have bought the stock before 07 August 2023. Payment date: 16 August 2023. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.3%). Announcement • Jul 22
Las Vegas Sands Corp. Reinstates Quarterly Dividend, Payable on August 16, 2023 Las Vegas Sands Corp. announced the resumption of its program to return capital to stockholders. The company's quarterly dividend has been reinstated at $0.20 per common share. The next dividend will be paid on August 16, 2023, to Las Vegas Sands stockholders of record on August 8, 2023. Reported Earnings • Jul 20
Second quarter 2023 earnings released: EPS: US$0.41 (vs US$0.38 loss in 2Q 2022) Second quarter 2023 results: EPS: US$0.41 (up from US$0.38 loss in 2Q 2022). Revenue: US$2.54b (up 143% from 2Q 2022). Net income: US$312.0m (up US$599.0m from 2Q 2022). Profit margin: 12% (up from net loss in 2Q 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 13
Las Vegas Sands Corp. to Report Q2, 2023 Results on Jul 19, 2023 Las Vegas Sands Corp. announced that they will report Q2, 2023 results After-Market on Jul 19, 2023 Recent Insider Transactions • May 02
Director recently sold €859k worth of stock On the 28th of April, Charles Forman sold around 15k shares on-market at roughly €57.24 per share. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Apr 20
First quarter 2023 earnings released: EPS: US$0.19 (vs US$0.49 loss in 1Q 2022) First quarter 2023 results: EPS: US$0.19 (up from US$0.49 loss in 1Q 2022). Revenue: US$2.12b (up 125% from 1Q 2022). Net income: US$147.0m (up US$524.0m from 1Q 2022). Profit margin: 6.9% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Board Change • Feb 28
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Non-Employee Director Nora Jordan was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jan 26
Full year 2022 earnings released: US$1.40 loss per share (vs US$1.51 loss in FY 2021) Full year 2022 results: US$1.40 loss per share (improved from US$1.51 loss in FY 2021). Revenue: US$4.11b (down 2.9% from FY 2021). Net loss: US$1.07b (loss narrowed 7.6% from FY 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Announcement • Jan 19
Las Vegas Sands Corp. to Report Q4, 2022 Results on Jan 25, 2023 Las Vegas Sands Corp. announced that they will report Q4, 2022 results After-Market on Jan 25, 2023 Reported Earnings • Oct 22
Third quarter 2022 earnings released: US$0.31 loss per share (vs US$0.61 loss in 3Q 2021) Third quarter 2022 results: US$0.31 loss per share (improved from US$0.61 loss in 3Q 2021). Revenue: US$1.01b (up 17% from 3Q 2021). Net loss: US$238.0m (loss narrowed 49% from 3Q 2021). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 22
Second quarter 2022 earnings released: US$0.38 loss per share (vs US$0.30 loss in 2Q 2021) Second quarter 2022 results: US$0.38 loss per share (down from US$0.30 loss in 2Q 2021). Revenue: US$1.05b (down 11% from 2Q 2021). Net loss: US$287.0m (loss widened 25% from 2Q 2021). Over the next year, revenue is forecast to grow 71%, compared to a 739% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 28
First quarter 2022 earnings released: US$0.49 loss per share (vs US$0.28 loss in 1Q 2021) First quarter 2022 results: US$0.49 loss per share (down from US$0.28 loss in 1Q 2021). Revenue: US$943.0m (down 21% from 1Q 2021). Net loss: US$377.0m (loss widened 75% from 1Q 2021). Over the next year, revenue is forecast to grow 82%, compared to a 114% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Reported Earnings • Jan 28
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: US$1.51 loss per share (up from US$2.21 loss in FY 2020). Revenue: US$4.23b (up 17% from FY 2020). Net loss: US$1.15b (loss narrowed 32% from FY 2020). Revenue missed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 74%, compared to a 24% growth forecast for the restaurants industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 21
Third quarter 2021 earnings released: US$0.61 loss per share (vs US$0.74 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$857.0m (up 46% from 3Q 2020). Net loss: US$467.0m (loss narrowed 17% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 23
Second quarter 2021 earnings released: US$0.30 loss per share (vs US$1.07 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$1.17b (up US$1.08b from 2Q 2020). Net loss: US$230.0m (loss narrowed 72% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 24
First quarter 2021 earnings released: US$0.28 loss per share (vs US$0.001 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$1.20b (down 33% from 1Q 2020). Net loss: US$216.0m (loss widened US$215.0m from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 23
New 90-day high: €51.02 The company is up 5.0% from its price of €48.53 on 24 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €89.71 per share. Reported Earnings • Feb 08
Full year 2020 earnings released: US$2.21 loss per share (vs US$3.50 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$3.61b (down 74% from FY 2019). Net loss: US$1.69b (down 163% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 08
Revenue misses expectations Revenue missed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 150%, compared to a 27% growth forecast for the Hospitality industry in Germany. Reported Earnings • Jan 28
Full year 2020 earnings released: US$2.21 loss per share (vs US$3.50 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$3.61b (down 74% from FY 2019). Net loss: US$1.69b (down 163% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 28
New 90-day low: €40.00 The company is down 1.0% from its price of €40.54 on 30 October 2020. The German market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €66.48 per share. Analyst Estimate Surprise Post Earnings • Jan 28
Revenue misses expectations Revenue missed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 174%, compared to a 27% growth forecast for the Hospitality industry in Germany. Is New 90 Day High Low • Nov 10
New 90-day high: €49.61 The company is up 17% from its price of €42.32 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €118 per share. Analyst Estimate Surprise Post Earnings • Oct 22
Third-quarter earnings released: Revenue misses expectations Third-quarter revenue missed analyst estimates by 10% at US$586.0m. Revenue is forecast to grow 48% over the next year, compared to a 4.2% decline forecast for the Hospitality industry in Germany. Reported Earnings • Oct 22
Third quarter earnings released Over the last 12 months the company has reported total losses of US$757.0m, with earnings decreasing by US$2.66b from the prior year. Total revenue was US$5.98b over the last 12 months, down 56% from the prior year. 
