Why Las Vegas Sands Investors Hit the Jackpot Today
Key Points
The veteran casino operator posted some gangbusters quarterly results.
It posted double-digit increases for both revenue and profitability, blowing past analyst estimates in the process.
- 10 stocks we like better than Las Vegas Sands ›
On Thursday, the coins were gushing out of the slot machine that is Las Vegas Sands (NYSE: LVS) stock. The storied casino resort operator scored a more than 12% gain in its share price on the back of a well-received third-quarter earnings report. That rise was significantly steeper than the S&P 500 index's performance; the bellwether stock market indicator increased only by 0.6%.
Major winnings
Las Vegas Sands drew the curtain on its quarterly figures just after market close on Wednesday. It earned net revenue of $3.3 billion, which was a robust 24% improvement over the same period of 2024. Its net income not in accordance with generally accepted accounting principles (GAAP) -- adjusted net profit, in other words -- increased by 66% to $536 million, or $0.78 per share.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »
Image source: Getty Images.
With those numbers, Las Vegas Sands crushed the consensus analyst estimates. These anticipated less than $3.1 billion on the top line and only $0.61 per share for adjusted net income.
Despite its name, the company no longer operates casinos in Las Vegas, instead choosing to concentrate on Asian gaming markets Macao and Singapore. Of the six properties it runs on the continent, The Londoner Macao and Marina Bay Sands did the best in the quarter. The former saw net revenue growth of 49% (to $686 million), while the latter's top line rose by 56% to over $1.4 billion.
The Asian future
Given the recent liveliness of those markets, Las Vegas seems to have made the right choice to shift its focus across the Pacific Ocean. It's anticipating continued growth in Asian travel which, if channeled to a sufficient degree to Macao and Singapore, should help the fundamentals keep rising.
Should you invest $1,000 in Las Vegas Sands right now?
Before you buy stock in Las Vegas Sands, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Las Vegas Sands wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $602,049!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,105,092!*
Now, it’s worth noting Stock Advisor’s total average return is 1,028% — a market-crushing outperformance compared to 190% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
See the 10 stocks »
*Stock Advisor returns as of October 20, 2025
Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Recommended Articles
