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Jun 30, 2021
Las Vegas Sands Q2 2021 Earnings Report
Las Vegas Sands' financial results were impacted by pandemic-related travel restrictions and reduced visitation, but the company generated positive adjusted property EBITDA in Macao and Singapore.
Key Takeaways
Las Vegas Sands Corp. reported net revenue of $1.17 billion, an operating loss of $139 million, and a net loss from continuing operations of $280 million for the second quarter of 2021. Consolidated adjusted property EBITDA was $244 million. The company anticipates the sale of its Las Vegas real property and operations to close in the fourth quarter of 2021.
Generated Positive Adjusted Property EBITDA in Macao and Singapore
Pandemic-Related Travel Restrictions and Reduced Visitation Continue to Impact Financial Results
Safety and Security of Team Members and Guests and Support for Local Communities in Macao, Singapore and Las Vegas Remain Central to our Efforts
Investment and Capital Expenditure Programs to Expand and Enhance our Integrated Resort Offerings in Macao and Singapore Continue
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Las Vegas Sands remains confident in the eventual recovery in travel and tourism spending across its markets and is positioned to deliver growth as travel restrictions subside.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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