Las Vegas Sands Corp
LVS: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| BQ | LOCK|hm$n< | LOCK|wd!y!MS |
Las Vegas Sands Earnings: Near-Term Softness Presents Long-Term Opportunity; Shares Attractive
Las Vegas Sands' third-quarter revenue decreased 3% on a 2% increase in Macao and a 10% drop in Singapore. Adjusted EBITDA margins fell 550 basis points to 34.8% as the company continued investing in marketing, loyalty, rooms, and customer experience to attract visitors.
