Las Vegas Sands Q3 2023 Earnings Report
Key Takeaways
Las Vegas Sands Corp. reported strong financial results for the quarter ended September 30, 2023, with net revenue of $2.80 billion and net income of $449 million. The recovery in travel and tourism spending in both Macao and Singapore progressed during the quarter. The board of directors has authorized $2.0 billion of share repurchases under our stock repurchase program through 2025.
Recovery in Travel and Tourism Spending in both Macao and Singapore Progressed During the Quarter
Net Revenue of $2.80 billion and Net Income of $449 million
Consolidated Adjusted Property EBITDA Reached $1.12 billion
$2.0 billion Stock Repurchase Authorization Through November 3, 2025
Las Vegas Sands
Las Vegas Sands
Las Vegas Sands Revenue by Segment
Las Vegas Sands Revenue by Geographic Location
Forward Guidance
The company intends to resume its share repurchase program in the fourth quarter of 2023. The timing and actual number of shares to be repurchased in the future will depend on a variety of factors, including the company’s financial position, earnings, legal requirements, other investment opportunities and market conditions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income