Las Vegas Sands reported Q1 2024 earnings and revenue above expectations, with EPS of $0.75 and revenue of $2.96 billion, driven by growth in Singapore and Macao.

Las Vegas Sands (LVS) reported better-than-expected Q1 2024 earnings and revenue, with EPS of $0.75 and revenue of $2.96 billion. The company's adjusted property EBITDA increased 53% YoY to $1.21 billion, while capital expenditures for the quarter were $196 million. The strong results reflect growth in Singapore and Macao, and LVS repurchased approximately $450 million of its common stock during the quarter. The company's net income for Q1 2024 was $583 million.

April 17, 2024
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