Stock Track | Las Vegas Sands Plunges 5.76% After-Hours on Q2 Earnings Miss, Low Macao Rolling Play Hold

Stock Track
Jul 23

Las Vegas Sands Corp. (LVS) shares tumbled 5.76% in after-hours trading on Wednesday following the release of its second-quarter 2026 financial results, which fell short of Wall Street expectations.

The casino operator reported adjusted earnings per share of $0.59, missing the analyst consensus estimate of $0.74 by 20.27%. Quarterly revenue came in at $3.154 billion, below the estimated $3.330 billion and representing a year-over-year decline. Net income for the quarter fell 28.13% to $373 million.

Management attributed the weaker-than-expected results to an unusually low hold in rolling play at its Macao properties, which negatively impacted reported figures. The company also noted it repurchased $787 million in stock during the quarter and maintained its quarterly dividend.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10