LVS
Las Vegas SandsPrevious close
36.97
Change
−0.07 / −0.19%
P/E (TTM) ?
14.4
Market Cap
$23.2B
1M
−2.22%
S&P 500 −0.91% over same period
Volume / Avg Volume
6.4M / 7.0M
0.91× average
Latest earnings analysisFY2026 Q3Reported 2026-10-21
Las Vegas Sands Q3 FY2026: revenue down 3.5%, EPS $0.48 misses
Las Vegas Sands missed on both lines in the September 2026 quarter: revenue fell 3.5% to $3.22 billion, adjusted property EBITDA dropped 16.7% to $1.12 billion, and GAAP EPS of $0.48 landed well below the $0.70 consensus. Read this as a margin problem at Marina Bay Sands rather than a demand collapse — Macao volumes grew while profit fell, and a $950 million buyback propped up the per-share numbers.
Read the full analysis →Revenue$3.22BYoY −3.50%
EPS (non-GAAP)$0.54Missest. $0.70
Next-day move−2.61%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q3 Quarter ended 2026-09 | 2026-10-21 | $3.2B | Read analysis → |
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-22 | $3.2B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-22 | $3.6B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-01-28 | $3.6B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-22 | $3.3B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-23 | $3.2B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-23 | $2.9B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 2 of its 5-year rangeCheap
5-year range 16.3 – 55.6 · Median 23.7
Last 4 quarters: $3.0B in buybacks + $892M in dividends, 16.71% of market cap combined
P/E (TTM)
14.4
P/B
39.9
P/S
1.7
Dividend Yield
1.64%
Earnings Reaction
Over the last 7 reports, the stock moved ±7.2% on average on the first trading day after, rising 4 times
Most recent −2.61%
Volatility & Correlation
1-year beta 0.55 · Correlation with S&P 500 0.23Low beta
Annualized volatility 31% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
No open-market buys or sells by officers or directors in the last 90 days.
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 3.22 | −3.5% | — | 0.30 | 0.48 |
| FY2026 Q2 | 3.15 | −0.7% | — | 0.35 | 0.53 |
| FY2026 Q1 | 3.59 | +25.3% | — | 0.57 | 0.85 |
| FY2025 Q4 | 3.65 | +26.0% | — | 0.40 | 0.58 |
| FY2025 Q3 | 3.33 | +24.2% | — | 0.42 | 0.61 |
| FY2025 Q2 | 3.18 | +15.0% | — | 0.46 | 0.66 |
| FY2025 Q1 | 2.86 | −3.3% | — | 0.35 | 0.49 |
| FY2024 Q4 | 2.90 | −0.7% | — | 0.32 | 0.45 |
| FY2024 Q3 | 2.68 | −4.0% | — | 0.28 | 0.38 |
| FY2024 Q2 | 2.76 | +8.6% | — | 0.35 | 0.48 |
| FY2024 Q1 | 2.96 | +39.6% | — | 0.49 | 0.66 |
| FY2023 Q4 | 2.92 | +161.0% | — | 0.38 | 0.50 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| LVS | 14.4 | −3.5% | — | −2.22% | Bearish |
| AMZN | 19.4 | +12.1% | 53.2% | −3.53% | Neutral |
| TSLA | 495.1 | −0.2% | 19.6% | +12.68% | Neutral |
| HD | 23.3 | +5.7% | 33.7% | +15.72% | Neutral |
| MCD | 21.1 | +3.7% | 90.4% | +11.77% | Neutral |
| TJX | 25.8 | +5.4% | 33.4% | +6.05% | Bullish |
| SBUX | 59.0 | −1.4% | — | +10.33% | Neutral |
| LOW | 17.6 | +8.3% | 33.0% | +13.45% | Neutral |
| BKNG | 15.7 | +8.1% | — | −9.07% | Bullish |