Analysts assess Las Vegas Sands, Boyd and Monarch Casino results
Analysts at Jefferies, Texas Capital Securities, J. P. Morgan and Truist Securities reviewed Las Vegas Sands, Boyd Gaming and Monarch Casino results in notes dated 20–27 July. Jefferies said Las Vegas Sands’ Macau EBITDA was 27% below its estimate on revenue 9% below; Boyd’s second-quarter EBITDAR beat one analyst’s forecast by 3%, while Monarch’s Q2 EBITDA fell slightly short.
The notes compare casino performance and forecasts that may inform investor views of the companies.