Las Vegas Sands Corp. (LVS) announced a profit for its second quarter that Increased from last year and beat the Street estimates.
The company's earnings totaled $461 million, or $0.66 per share. This compares with $353 million, or $0.48 per share, last year.
Excluding items, Las Vegas Sands Corp. reported adjusted earnings of $547 million or $0.79 per share for the period.
Analysts on average had expected the company to earn $0.53 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 15.0% to $3.175 billion from $2.761 billion last year.
Las Vegas Sands Corp. earnings at a glance (GAAP) :
-Earnings: $461 Mln. vs. $353 Mln. last year.-EPS: $0.66 vs. $0.48 last year.-Revenue: $3.175 Bln vs. $2.761 Bln last year.
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