LAS VEGAS (AP) — LAS VEGAS (AP) — Las Vegas Sands Corp. (LVS) on Wednesday reported first-quarter net income of $494 million.
On a per-share basis, the Las Vegas-based company said it had net income of 66 cents. Earnings, adjusted for non-recurring costs, came to 75 cents per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share.
The casino operator posted revenue of $2.96 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $2.94 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LVS at https://www.zacks.com/ap/LVS
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