Genting Could Face Headwinds From U.S. Economy, Tariffs -- Market Talk

Dow Jones

Feb 27

1029 GMT - Genting's earnings could face headwinds from the U.S. economy and tariffs, TA Securities analyst Tan Kam Meng says in a note. Management expects the newly completed Las Vegas Convention Center, which is set to host 48 conventions in 2026, to drive traffic to Genting's casino in Las Vegas, he notes. The company will remain focused on improving property margins through operational efficiency, he adds. However, Tan remains cautious on the U.S.'s economic outlook and tariffs, which could deter international visitors. He cuts Genting's 2026-2027 earnings projections by 22.8%-29.3% after its earnings came in below expectations. TA Securities cuts Genting's target price to MYR3.93 from MYR4.20 as it lowers Genting's subsidiaries' valuations, while maintaining a buy rating on the stock. Shares closed at MYR2.83. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

February 27, 2026 05:29 ET (10:29 GMT)

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Management expects the newly completed Las Vegas Convention Center, which is set to host 48 conventions in 2026, to drive traffic to Genting's casino in Las Vegas, he notes. The company will remain focused on improving property margins through operational efficiency, he adds. However, Tan remains cautious on the U.S.'s economic outlook and tariffs, which could deter international visitors. He cuts Genting's 2026-2027 earnings projections by 22.8%-29.3% after its earnings came in below expectations. TA Securities cuts Genting's target price to MYR3.93 from MYR4.20 as it lowers Genting's subsidiaries' valuations, while maintaining a buy rating on the stock. Shares closed at MYR2.83. (yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 27, 2026 05:29 ET (10:29 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Genting Could Face Headwinds From U.S. Economy, Tariffs -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGenting Could Face Headwinds From U.S. Economy, Tariffs -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-27 18:29</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1029 GMT - Genting's earnings could face headwinds from the U.S. economy and tariffs, TA Securities analyst Tan Kam Meng says in a note. Management expects the newly completed Las Vegas Convention Center, which is set to host 48 conventions in 2026, to drive traffic to Genting's casino in Las Vegas, he notes. The company will remain focused on improving property margins through operational efficiency, he adds. However, Tan remains cautious on the U.S.'s economic outlook and tariffs, which could deter international visitors. He cuts Genting's 2026-2027 earnings projections by 22.8%-29.3% after its earnings came in below expectations. TA Securities cuts Genting's target price to MYR3.93 from MYR4.20 as it lowers Genting's subsidiaries' valuations, while maintaining a buy rating on the stock. Shares closed at MYR2.83. (yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 27, 2026 05:29 ET (10:29 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6512","symbol_name":"房地产股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2614831794","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2614831794","pubTimestamp":1772188140,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1029 GMT - Genting's earnings could face headwinds from the U.S. economy and tariffs, TA Securities analyst Tan Kam Meng says in a note. Management expects the newly completed Las Vegas Convention Center, which is set to host 48 conventions in 2026, to drive traffic to Genting's casino in Las Vegas, he notes. The company will remain focused on improving property margins through operational efficiency, he adds. However, Tan remains cautious on the U.S.'s economic outlook and tariffs, which could deter international visitors. He cuts Genting's 2026-2027 earnings projections by 22.8%-29.3% after its earnings came in below expectations. TA Securities cuts Genting's target price to MYR3.93 from MYR4.20 as it lowers Genting's subsidiaries' valuations, while maintaining a buy rating on the stock. Shares closed at MYR2.83. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6512":"房地产股","PA3.SI":"长益","BK6045":"建筑与工程"},"translate_title":"云顶可能面临美国经济和关税的阻力——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PA3.SI":0.71},"content_text":"1029 GMT - Genting's earnings could face headwinds from the U.S. economy and tariffs, TA Securities analyst Tan Kam Meng says in a note. Management expects the newly completed Las Vegas Convention Center, which is set to host 48 conventions in 2026, to drive traffic to Genting's casino in Las Vegas, he notes. The company will remain focused on improving property margins through operational efficiency, he adds. However, Tan remains cautious on the U.S.'s economic outlook and tariffs, which could deter international visitors. He cuts Genting's 2026-2027 earnings projections by 22.8%-29.3% after its earnings came in below expectations. TA Securities cuts Genting's target price to MYR3.93 from MYR4.20 as it lowers Genting's subsidiaries' valuations, while maintaining a buy rating on the stock. Shares closed at MYR2.83. (yingxian.wong@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 27, 2026 05:29 ET (10:29 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}