Las Vegas Sands Corp
LVS: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$65.00 | Xtlfpk | Vcpyntjdy |
Las Vegas Sands Earnings: Macao and Singapore Results Continue to Shine Amid Macro Uncertainty
Las Vegas Sands shares popped 5% as the firm's Macao and Singapore assets continued to see a demand and profitability recovery in the third quarter. We plan to lift our $59 valuation around $1-$2 for time value and slightly higher-than-expected near-term Macao profits, leaving shares undervalued.