Shares of Las Vegas Sands Corp (NYSE: LVS) jumped 12.09% to $56.74 on Thursday after the resort and casino operator reported better-than-expected third-quarter 2025 results, driven by robust growth in its Macao and Singapore operations.
The company reported a net profit of $419 million for the quarter, with earnings per share (EPS) coming in at $0.78, beating analysts’ estimates of $0.61. Revenue stood at $3.33 billion, surpassing the forecasted $3.06 billion, marking an 8.8% beat on expectations.
Las Vegas Sands also announced a $500 million stock repurchase program and a 20% hike in quarterly dividends, signaling confidence in its cash flow strength and balance sheet position.
Regional Highlights
- Singapore: The company’s flagship Marina Bay Sands property delivered an EBITDA of $743 million, reflecting the strong rebound in tourism and high-spending customers.
- Macao: EBITDA came in at $601 million, despite a $20 million impact from a typhoon. Mass-market gaming revenue surged 25.4% quarter-over-quarter, indicating steady recovery momentum.
- The company reaffirmed its $8 billion expansion plan for Singapore, aiming to enhance long-term growth and competitiveness.
Market Performance
Following the earnings release, LVS shares surged 12.09%, marking one of the company’s strongest single-day gains this year. The stock has now risen over 44% in the past six months, reflecting growing investor optimism about the Asian gaming recovery.
According to InvestingPro, Las Vegas Sands maintains an impressive gross profit margin of 79.36%, with four analysts revising earnings estimates upward for the next period. The firm’s financial health score remains strong, underscoring sustainable profitability and cash generation capabilities.
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