James Rogers is a Financial Columnist for MarketWatch.
Shares of Las Vegas Sands Corp. LVS, -1.59% rose 3.7% in extended trades after the company reported third-quarter results and announced a $2 billion stock repurchase authorization. “After reinstating our dividend last quarter, I am pleased to announce that our board of directors has authorized $2.0 billion of share repurchases under our stock repurchase program through 2025,” said Las Vegas Sands CEO Robert Goldstein, in a statement.
Las Vegas Sands reported third-quarter net income from continuing operations of $449 million, compared to a net loss from continuing operations of $380 million in the same period last year. Earnings came to 50 cents, compared with a loss of 31 cents a share in the same period last year and below the FactSet consensus of 55 cents. Third-quarter revenue was $2.8 billion, compared to $1.01 billion in the prior year’s quarter. Analysts surveyed by FactSet had forecast revenue of $2.718 billion.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
NASCAR rescinds Ryan Blaney's disqualification at Las VegasRyan Blaney has retained his sixth-place finish in Sunday's playoff race after NASCAR found an issue with its inspection process.
Les mer »
U2, Adele Las Vegas Strip residencies expected to continueTwo of the biggest residencies to reach the Las Vegas Strip in recent years are reportedly extending their engagements into 2024.
Les mer »
U2 Las Vegas Residency Tickets: Find Seats Available to Buy OnlineThere are a few ways you can still score seats to U2’s latest residency at the newly-built Las Vegas Sphere
Les mer »
NASCAR retracts Ryan Blaney's Las Vegas DQ after discovering template errorRyan Blaney hasn't been disqualified from Sunday's NASCAR Cup Series race at Las Vegas after all.
Les mer »
NASCAR retracts Ryan Blaney's Las Vegas DQ after discovering template errorRyan Blaney hasn't been disqualified from Sunday's NASCAR Cup Series race at Las Vegas after all.
Les mer »
NASCAR Rescinds Ryan Blaney's Cup Series DQ at Las VegasMike Pryson covered auto racing for the Jackson (Mich.) Citizen Patriot and MLive Media Group from 1991 until joining Autoweek in 2011. He won several Michigan Associated Press and national Associated Press Sports Editors awards for auto racing coverage and was named the 2000 Michigan Auto Racing Fan Club’s Michigan Motorsports Writer of the Year.
Les mer »