|Bid||40.10 x 900|
|Ask||40.12 x 1800|
|Day's Range||40.03 - 41.02|
|52 Week Range||35.59 - 66.77|
|Beta (5Y Monthly)||1.48|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct. 20, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar. 17, 2020|
|1y Target Est||54.08|
Las Vegas Sands (LVS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
'MGM has gone through a transformation,' says Credit Suisse analyst Benjamin Chaikin.
The Macao casino market recovery continues to falter, as gaming revenue for September rose only 32% over the month before, which had been the lowest amount generated all year long. With the neighboring Guangdong Province reimposing travel restrictions on visitors to Macao after a flareup of new COVID-19 cases, the ability of integrated resort operators such as Las Vegas Sands (NYSE: LVS), Wynn Resorts (NASDAQ: WYNN), and Melco Resorts & Entertainment (NASDAQ: MLCO) to resume their growth trajectory will be severely impaired. Monthly gaming revenue came in at 5.88 billion patacas, Macao's local currency, which is the equivalent of about $733 million.