Las Vegas Sands falls after missing quarterly estimates - LVS News | RalliesLas Vegas Sands falls after missing quarterly estimates
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LVS• Shares fall after Q2 miss
- Shares of casino operator Las Vegas Sands
LVS.N were down 6% at $42.40 in extended trading.
- The company missed second-quarter revenue and profit estimates on an unusually low hold in rolling play.
- It posted second-quarter net revenue of $3.15 billion, missing estimates of $3.33 billion, according to LSEG-compiled data.
- It logged second-quarter EPS of 53 cents versus estimates of 69 cents.
- As of Wednesday's close, the stock was down 30% year to date.
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