WASHINGTON (dpa-AFX) - Las Vegas Sands Corp. (LVS) announced earnings for fourth quarter that decreased from the same period last year and missed the Street estimates.
The company's bottom line came in at $324 million, or $0.45 per share. This compares with $382 million, or $0.50 per share, last year.
Excluding items, Las Vegas Sands Corp. reported adjusted earnings of $387 million or $0.54 per share for the period.
Analysts on average had expected the company to earn $0.58 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 0.7% to $2.896 billion from $2.915 billion last year.
Las Vegas Sands Corp. earnings at a glance (GAAP) :
-Earnings: $324 Mln. vs. $382 Mln. last year. -EPS: $0.45 vs. $0.50 last year. -Revenue: $2.896 Bln vs. $2.915 Bln last year.
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