BRIEF-Las Vegas Sands Reports Second Quarter 2021 Results

Reuters2021-07-22

July 21 (Reuters) - Las Vegas Sands Corp :

* LAS VEGAS SANDS REPORTS SECOND QUARTER 2021 RESULTS

* Q2 REVENUE $1.17 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.41 BILLION

* QTRLY LOSS PER SHARE 25 CENTS

* QTRLY CONSOLIDATED ADJUSTED. PROPERTY EBITDA WAS POSITIVE $244 MILLION, VERSUS NEGATIVE $425 MILLION

* ON A GAAP BASIS, QTRLY TOTAL NET REVENUES FOR SCL INCREASED TO $849 MILLION VERSUS $40 MILLION

* QTRLY NET REVENUE FROM MACAO OPERATIONS $855 MILLION VERSUS $47 MILLION

* QTRLY ADJUSTED LOSS PER SHARE FROM CONTINUING OPERATIONS 26 CENTS

* Q2 EARNINGS PER SHARE VIEW $-0.17 -- REFINITIV IBES DATA

* PANDEMIC-RELATED TRAVEL RESTRICTIONS AND REDUCED VISITATION CONTINUE TO IMPACT FINANCIAL RESULTS

* FINANCIAL STRENGTH SUPPORTS OUR INVESTMENT AND CAPITAL EXPENDITURE PROGRAMS IN BOTH MACAO AND SINGAPORE

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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  • Eagle88
    2021-08-27
    Eagle88
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