Las Vegas Sands expected lower despite better-than-expected results

(AOF) – Las Vegas Sands Corp is expected to fall sharply in pre-market on Wall Street despite first quarter results above expectations. The luxury hotel group posted adjusted earnings per share of $0.75 versus 0.62 expected, for sales of $2.96 billion versus $2.94 billion expected. “We are pleased with our financial and operational results for the quarter, which reflect strong growth in both Macau and Singapore,” said CEO Robert G. Goldstein.

“We remain deeply excited about our opportunities to drive industry-leading growth in both markets in the years ahead as we execute on our significant projects in Macau and Singapore.”

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