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Analysts maintain Buy ratings for Las Vegas Sands after Macau results

Business

Analysts maintained Buy ratings on Las Vegas Sands after its first-quarter Macau results fell below expectations, while praising Marina Bay Sands’ performance in Singapore. CBRE’s John DeCree cited $605 million in Singapore EBITDA against a $530 million consensus estimate; Las Vegas Sands reported $535 million in Macau EBITDA, below a $608 million consensus. DeCree retained a $45 price target.

The ratings reflect analysts’ assessment of Las Vegas Sands’ contrasting results in Macau and Singapore.

End-of-day close Las Vegas Sands (LVS), USD, to 6 June 2025
Story date10 March 20256 June 2025

Latest reported results

Las Vegas Sands NYSE: LVS

Quarter ended 30 September 2026

Revenue
USD 3.22bn10-Q filing 0001300514-26-000103
Operating income
USD 618.0m10-Q filing 0001300514-26-000103

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