Las Vegas Sands http://so-l.ru/tags/show/las_vegas_sands Mon, 19 Feb 2018 19:06:38 +0300 <![CDATA[3 Casino Stocks to Buy Now]]> Perhaps it is because trading stocks can often mirror the thrill of winning big at the blackjack tables, or maybe it is because Las Vegas conjures images of the world’s most flashy brands and businessmen. Regardless of the reason, it is clear that gambling stocks are always among the most popular on Wall Street.

Luckily for investors, now is also a great time to be buying gambling stocks, as continued domestic strength, a great recovery in Macau, and overall international interest in gaming have led to rising share prices. In fact, according to our Zacks Industry Rank data, the overall “Gaming” industry has gained more than 35.15% in the past year, outpacing the S&P 500’s respectable 17.53% gain.

With casino stocks this hot right now, investors are not going to want to miss out. Luckily, we can use Zacks’ proven stock-picking methods to find solid stocks in any industry. Check out these casino stocks today:

1.       Las Vegas Sands Corp. (LVS)

With properties like the Venetian and the Parisian, Las Vegas Sands is the epitome of luxury and style in the casino industry. LVS is currently sporting a Zacks Rank #2 (Buy) and holds a “B” grade for Growth in our Style Scores system. Our current consensus estimates are calling for EPS growth of 9.5% this fiscal year and an additional 8.3% next year.

Las Vegas Sands is also generating cash flow growth of 19.8% right now. The firm is now bringing in about $4.58 in cash per share, nearly quadrupling its industry’s average. LVS also boasts a better-than-average net margin of 21.8% and RoE 34.8%. Finally, management is currently offering a dividend yield of about 4%.

 

2.       MGM Resorts International (MGM)

MGM Resorts is a dominant force in Vegas and Macau, operating a portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay, and The Mirage. The stock is currently holding a Zacks Rank #2 (Buy) and holds an “A” grade for Momentum in our Style Scores system.

MGM is expected to report its latest quarterly results next week. Earnings are expected to be down from the year-ago period, but the company’s Most Accurate Estimate—a representation of the most-recent analyst estimates—is 42.5% higher than its consensus. That means that analysts are warming up to MGM right now, making us feel more comfortable about the possibility of an earnings beat.

 

3.       Eldorado Resorts, Inc. (ERI)

Eldorado Resorts provides casino and entertainment services primarily in Nevada and Louisiana. The company is known for its Isle of Capri and Lady Luck properties, among others. ERI is currently sporting a Zacks Rank #2 (Buy), and the stock holds “A” grades in our Growth and Momentum categories.

Eldorado will reports its Q4 earnings next week, but our attention is focused on the stock’s fiscal 2018 outlook. The company has witnessed strong earnings estimate revision activity for the year, sending its Zacks Consensus Estimate about 48 cents higher over the past 60 days. The company is also expected to see its revenues grow by about 18% in the year.

Meanwhile, the stock has Forward P/E of just 16 and a P/S of 2, meaning that investors are getting a decent price for this outlook right now.

 

Want more analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

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Zacks Investment Research]]>
http://so-l.ru/news/y/2018_02_15_3_casino_stocks_to_buy_now Thu, 15 Feb 2018 22:58:00 +0300
<![CDATA[MGM casino resort opens as license renewal looms]]> http://so-l.ru/news/y/2018_02_13_mgm_casino_resort_opens_as_license_renew Tue, 13 Feb 2018 19:01:00 +0300 <![CDATA[Melco Resorts (MLCO) Q4 Earnings Lag, Revenues Top Estimates]]> Melco Resorts & Entertainment Limited MLCO posted mixed fourth-quarter 2017 results, with the top line surpassing the Zacks Consensus Estimate and the bottom line missing the same.

Adjusted earnings of 20 cents per share missed the consensus mark of 23 cents by 13% but grew 58.9% year over year. The upside was driven by higher casino revenues from Studio City and Altira Macau, partially offset by lower revenues from City of Dreams in Macau.

Quarterly net revenues totaled $1,332.6 million, surpassing the consensus estimate of $1,326 million by 0.5%. Net revenues grew 12% year over year, driven by higher rolling chip revenues across all properties and increased mass market table games revenues from Studio City and City of Dreams Manila. This was partially offset by lower mass market table games revenues from City of Dreams in Macau.

Melco Crown Entertainment Limited Price, Consensus and EPS Surprise

Though shares did not move in after-hours trading following the earnings release, the stock has gained 60.6% in the past year, outperforming its industry’s 29% rally.

The company’s mass and premium mass gaming revenues are likely to drive growth in Macau business. Additionally, the anticipated completion of the Hong Kong-Zhuhai-Macau Bridge and the ongoing build-out of Cotai will boost demand for Macau services. The company’s integrated resort offerings are also likely to drive traffic and revenues.


Let’s take a closer look at the quarterly results.

Property Performances

City of Dreams

Net revenues at City of Dreams were $612.6 million, down 7.3% year over year. Adjusted EBITDA came in at $169.7 million, reflecting a decline of 10.1% year over year. The deterioration can be blamed on lower mass market table games revenues. This was partially offset by higher rolling chip revenues and recovery of previously provided doubtful debt.  

Rolling chip volumes totaled $11.4 billion, up 2.7% year over year. The rolling chip win rate was 2.7%, up 10 basis points (bps) year over year and at the low end of the projected 2.7% to 3% Range.

Mass market table games drop amounted to nearly $1.22 billion, up 10.5% year over year. However, mass market table games hold percentage was 28.6%, down 770 bps.

Total non-gaming revenues at City of Dreams in the quarter were $71.9 million, down 9.2% year over year.

Altira Macau

Net revenues at Altira Macau were $140.2 million, up 35.7% year over year.  This segment generated adjusted EBITDA of $17.5 million in the reported quarter, compared with the prior-year quarter’s $3.3 million. The improvement was primarily led by higher rolling chip revenues and recovery of previously provided doubtful debt.

Additionally, rolling chip volume was $4.9 billion, up 11.4% from the prior-year quarter. The rolling chip win rate was 3.3%, up 60 bps and higher than the projected range of 2.7% to 3%.

Table drop in the mass market table games segment was $125.2 million, up 11% year over year. However, mass market table games hold percentage was 18.4%, down 80 bps.

Meanwhile, total non-gaming revenues at Altira Macau totaled $7 million, down 1.4% year over year.

Mocha Clubs

Net revenues from Mocha Clubs were $30.7 million, up 6.2% year over year. Also, adjusted EBITDA of $7.4 million increased 37% year over year.

The gaming machine handle for the quarter was $622.7 million, up 1.4% year over year. The gaming machine win rate was 4.8% in the quarter, up 20 bps from the year-ago quarter.

Studio City

In the reported quarter, net revenues at this property were $369 million, up 49.9% year over year. Also, adjusted EBITDA of $91.5 million was up 61.4% on a year-over-year basis. The upside was backed by commencement of rolling chip operations in November 2016 and improved performance at the mass market table games segment.

While rolling chip volume totaled $5.7 billion, the rolling chip win rate was 2.8% in the quarter (at the low end of the guided range of 2.7-3%).

Mass market table games drop was $848.2 million, up 24.2% year over year. However, the mass market table games hold percentage was 26.1%, down 80 bps year over year.

Total non-gaming revenues at Studio City in the quarter were $52.2 million, down 2.1% year over year.

City of Dreams Manila

In the fourth-quarter, net revenues at City of Dreams Manila were $167.5 million, up 15.8% year over year. Adjusted EBITDA was $53.8 million, up 7.2% from the year-ago quarter.

Rolling chip volume totaled $2.9 billion, up 38.1% from the year-ago quarter figure. However, the rolling chip win rate was 3.1%, down 40 bps on a year-over-year basis but slightly above the projected range of 2.7% to 3%.

Mass market table games drop came in at $189.2 million, up 27% year over year. Moreover, the mass market table games hold percentage was 30.9% in the quarter, up 310 bps year over year.

Total non-gaming revenues at City of Dreams Manila were $31.4 million, up 11.7% year over year.

Operating Highlights

Operating income in the quarter was $129.0 million, reflecting an 11% increase from a year ago. Net income totaled $81.2 million, up 87.5% year over year.

Adjusted EBITDA was $339.8 million, up 12% year over year. The upside was mainly attributable to higher contribution from Studio City and Altira Macau driven by increased casino revenues, partially offset by lower contribution from City of Dreams in Macau.

Net non-operating expenses in the fourth quarter were $58.5 million, showing a year-over-year decline of $36.8 million. Depreciation and amortization costs totaled $133.5 million in the quarter under review.

Balance Sheet

Total cash and bank balances as of Dec 31, 2017, were $1.5 billion, including $9.9 million bank deposits with original maturities over three months and $45.5 million restricted cash, primarily related to Studio City.

Total debt, net of unamortized deferred financing costs at the end of the fourth quarter of 2017, was $3.6 billion. Capital expenditures in the fourth quarter grossed $167.8 million, related to Morpheus and other projects at City of Dreams.

Declaration of Dividend

On Feb 8, 2018, Melco’s board of directors approved a quarterly dividend of 5 cents per ordinary share (equivalent to 14 cents per ADS) for the fourth quarter of 2017. The quarterly dividend will be paid on or about Mar 7, 2018, to shareholders of record at the close of business as on Feb 20, 2018.

2017 Results

For 2017, Melco reported net revenues of $5.3 billion, up 17.8% year over year. The increase can be primarily attributed to improved performance in all gaming segments, especially the performance in rolling chip segment including the fully-operating rolling chip operations in Studio City in the current year.

Operating income in the year was $607.6 million, reflecting a year-over-year increase of 67%. Adjusted property EBITDA was $1,422.8 million, up 31% year over year.

Net income was $347 million or 71 cents per ADS, compared with $175.9 million or 35 cents in 2016.

Zacks Rank & Peer Releases

Melco carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Wynn Resorts WYNN posted fourth-quarter 2017adjusted earnings per share of $1.40 that outpaced the Zacks Consensus Estimate of $1.36 by nearly 2.9%.

Las Vegas Sands’ LVS fourth-quarter 2017adjusted earnings of 88 cents per share surpassed the Zacks Consensus Estimate of 77 cents by 14.3%.

Upcoming Release

MGM Resorts MGM is scheduled to report fourth-quarter numbers on Feb 20, before market opens. The Zacks Consensus Estimate for earnings in the to be reported quarter is pegged at 7 cents.

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


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Melco Crown Entertainment Limited (MLCO): Free Stock Analysis Report
 
To read this article on Zacks.com click here.]]>
http://so-l.ru/news/y/2018_02_09_melco_resorts_mlco_q4_earnings_lag_re Fri, 09 Feb 2018 18:12:00 +0300
<![CDATA[Mohawk (MHK) Beats Q4 Earnings, International Business Solid]]> Mohawk Industries, Inc.’s MHK fourth-quarter adjusted earnings per share (EPS) of $3.42 beat the Zacks Consensus Estimate of $3.33 by 2.7%. Earnings also increased 5% year over year on higher sales and improved productivity.

Total revenues of $2.37 billion missed the Zacks Consensus Estimate of $2.38 billion. Revenues, however, increased 8.5% year over year on higher sales across all segments. Also, the company’s international business contributed significantly to its revenue growth as the economies of those countries expanded. These positives have offset the adverse impact of higher material-costs and reduced patent revenue.

Operating Highlights

Adjusted gross profit of $753.6 million increased 9.1% year over year.  Adjusted selling, general and administrative (SG&A) expenses increased 6.4% to $406.3 million from the prior-year quarter.

Operating income of $343 million grew 13% year over year, even after absorbing start-up costs of approximately $10 million and the decline of income from patents. Adjusted operating income rose 11.6% to $358.7 million.

Segment Details

Global Ceramic: Net sales at this segment amounted to $824.1 million, increasing 10% year over year on a reported basis and 8% on the basis of constant days and currency. Solid contributions from its ceramic business in Russia and Mexico, as well as acquisitions in Italy and Poland, contributed to the upside.

Flooring North America: Net sales in this segment totaled $999.3 million, up 3% year over year on strong price, mix and productivity improvement that offset the increases in raw materials and other inflation.

Flooring Rest of the World: Net sales increased 18% year over year to $545.9 million. On a constant currency basis, sales improved 9%, attributable to the improvement of local economies and strengthening of Euro.

2017 Highlights

Mohawk’s earnings came in at $13.61 per share, up 8% year over year. Revenues were $9.5 billion, reflecting an increase of 6% from the 2016 level on a reported and on a constant days and currency basis.

Mohawk completed four acquisitions during 2017 to expand its product offering and to improve the cost structure. These include bolt-on ceramic businesses in Italy and Poland, a U.S. talc mine for ceramic and a nylon polymerization plant to further integrate carpet manufacturing.

Q1 Guidance

Mohawk expects earnings (excluding one-time charges) in the first quarter to be in the range of $2.93-$3.02 per share.

The company expects its sales from all of its segments to improve in the quarter from innovative new products, synergies of past acquisitions and strong Euro. The company expects the acquisition of Godfrey Hirst to get completed later this year and it anticipates it to be accretive to EPS by 35 cents to 40 cents per share in the first 12 months.

2018 Guidance

Mohawk remains focused on enhancing its long-term growth and profitability this year by investing $60-$70 million in starting up new operations, thereby expanding its market position and geographical scope. Of these investments, about one-third is non-cash depreciation due to limited utilization, one-third is for the marketing division to expand its distribution and one-third is for the cost of ramping up new production.

Meanwhile, the company will invest an added $750 million in its existing businesses in 2018, to complete projects that have started in 2017 and to commence new initiatives. Mohawk’s largest projects during this two-year period have been the expansion of LVT in the United States and Europe; ceramic capacity increases in the United States, Mexico, Italy, Poland, Bulgaria and Russia; luxury laminate in the United States, Europe and Russia; carpet tile in Europe; sheet vinyl in Russia; countertops in the United States and Europe; and carpet and rugs in the United States.

Zacks Rank

Mohawk Industries carries a Zacks Rank 3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Other Stocks to Consider

Other top-ranked stocks in the Consumer Discretionary sector that deserve a look include, Churchill Downs Incorporated CHDN, Eldorado Resorts, Inc. ERI and Las Vegas Sands Corp. LVS.

Churchill Downs sports a Zacks Rank #1 and its expected earnings growth is 57.5% in 2018.

Eldorado Resorts carries a Zacks Rank #2 (Buy). Earnings estimates for Eldorado Resorts have moved 30.5% north over the last 30 days for 2018.

Las Vegas Sands, also a Zacks Rank #2 stock, is likely to witness 9.5% earnings growth in 2018.

Mohawk Industries, Inc. Price, Consensus and EPS Surprise

 

Mohawk Industries, Inc. Price, Consensus and EPS Surprise | Mohawk Industries, Inc. Quote

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires" but, that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


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To read this article on Zacks.com click here.]]>
http://so-l.ru/news/y/2018_02_09_mohawk_mhk_beats_q4_earnings_internat Fri, 09 Feb 2018 16:50:00 +0300
<![CDATA[Mattel's (MAT) Shares Down on Q4 Earnings and Sales Miss]]> Mattel, Inc. MAT reported lower-than-expected results in the fourth quarter of 2017.

Adjusted loss of 72 cents per share compared unfavorably with the Zacks Consensus Estimate of earnings of 17 cents and the prior-year quarter’s 52 cents.

Shares lost more than 6% in after-hours trading following the release.

The company faced a challenging fourth quarter due to significant hurdles from inventory retailers, mixed brand performance and the Toys ‘R’ Us bankruptcy. All these factors have collectively affected earnings in the quarter.

Notably, Mattel’s shares have lost 40.7% in the past year, underperforming the broader industry’s gain of 56.5%.

Let’s take a closer look at the numbers.


Sales Discussion

Net sales of $1.61 billion missed the consensus estimate of $1.75 billion by 8% and declined 12% year over year as reported and 14% at constant currency.

Worldwide gross sales were down 8% year over year as reported and 1% at constant currency. Gross sales in North America (including the United States, Canada and American Girl) declined 16% both as reported and at constant currency mainly due to lower sales as a result of Toys "R" Us filing for bankruptcy and tighter retailer inventory management.

Meanwhile, in the International region, gross sales were up 4% as reported (down 1% on a constant currency basis), primarily driven by strong performances by brands like LatAm, Cars 3, Fisher-Price and Barbie.

Brand-Wise Worldwide Sales

Mattel, through its subsidiaries, sells a broad range of toy products that are grouped into four major categories — Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands, and Construction and Arts & Crafts Brands.

As reported, worldwide gross sales at Mattel Girls & Boys Brands increased 1% to $1.1 billion year over year (down 2% on a constant-currency basis). Barbie brand saw a 9% hike in the as reported (up 6% in constant currency), as a result of shipping aligning with strong POS. The Other Girls brands’ gross sales decreased 35% as reported and 36% at constant currency due to declines in Monster High and DC Super Hero Girls, partially offset by initial sales of Enchantimals.

Revenues at the Wheels category dropped 7% in the quarter as reported (down 10% at constant currency) due to declines in Hot Wheels. On the contrary, the Entertainment business witnessed a 21% rise as reported (up 18% in constant currency) backed by increases in CARS sales, offset by declines in Dinotrux and Minecraft.

Gross sales at Fisher-Price Brands, which includes the Fisher-Price Core, Fisher-Price Friends and Power Wheels brands, slipped 12% year over year to $533.8 million as reported (down 14% at constant currency). Declines in Thomas & Friends and infant products hampered the results.

Gross sales at American Girl Brands were $217.3 million, down 23% from the year-ago quarter as reported and on a constant-currency basis primarily due to lower sales across channels.

Gross sales at Construction and Arts & Crafts Brands, which includes the Mega Bloks and RoseArt brands, were $93.5 million, down 25% from fourth-quarter 2016 as reported (down 26% at constant currency). The decline was primarily due to decreased sales of MEGA BLOKS licensed and Preschool products.

Mattel, Inc. Price, Consensus and EPS Surprise

Operating Results

Gross margin of 30.7% declined 43% from the year-ago quarter as reported and 44% at constant currency.

Operating loss as a percentage of net sales widened 196% year over year as reported to 15.7%. At constant currency, it widened 195%.

Net loss in the quarter was $281.3 million, indicating a year-over-year decline of 262% as reported.

Balance Sheet

As of Dec 31, 2017, the company’s cash and equivalents were $1.1 billion compared with $869.5 million as of Dec 31, 2016. Total inventories increased 1.2%.

The company’s long-term debt was $2.9 billion as of Dec 31, 2017, up from $2.1 billion as of Dec 31, 2016.

Shareholder’s equity was $1.3 billion and the debt-to-total capital ratio was 71.3% in the year ending Dec 31, 2017.

2017 Results

Net sales in 2017 fell 11% year over year in both reported and constant currency basis to $4.9 billion. Gross sales were down 9% as reported and 10% at constant currency year over year. Adjusted operating loss in the year was $167.1 million and adjusted loss per share was $1.08 in 2017.

Zacks Rank & Stocks to Consider

Mattel carries a Zacks Rank #5 (Strong Sell).

A few better-ranked stocks in the Consumer Discretionary sectorare Nintendo NTDOY, Las Vegas Sands LVS and Wynn Resorts WYNN, all carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Nintendo, Las Vegas Sands and Wynn Resorts’ 2018 earnings are projected to grow 240.5%, 9.5% and 39.6%, respectively.

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To read this article on Zacks.com click here.
 
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http://so-l.ru/news/y/2018_02_02_mattel_s_mat_shares_down_on_q4_earning Fri, 02 Feb 2018 19:27:00 +0300
<![CDATA[Why Las Vegas Sands, Matson, and Ballard Power Systems Jumped Today]]> Why Las Vegas Sands, Matson, and Ballard Power Systems Jumped TodayFind out what's sending these stocks higher on a bad day for the market.


]]> http://so-l.ru/news/y/2018_01_30_why_las_vegas_sands_matson_and_ballard Tue, 30 Jan 2018 00:30:00 +0300 <![CDATA[MGM Resorts and Las Vegas Sands on watch amid Wynn selloff]]> http://so-l.ru/news/y/2018_01_29_mgm_resorts_and_las_vegas_sands_on_watch Mon, 29 Jan 2018 16:10:53 +0300 <![CDATA[The Zacks Analyst Blog Highlights: Ford, Las Vegas Sands and Lam Research]]> For Immediate Release

Chicago, IL – January 25, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Ford F, Las Vegas Sands LVS and Lam Research LRCX.

Here are highlights from Wednesday’s Analyst Blog:

Ford Misses Q4 Earnings, LVS and LRCX Beat

Following the closing bell this afternoon, three companies sporting Zacks Rank #2 (Buy) recommendations reported Q4 earnings results: Ford, Las Vegas Sands and Lam Research. In fact, Ford and Lam both also carry Zacks Style Scores (Volume, Growth, Momentum) of A (LVS has a Style Score of C). So how did they do?

Dearborn, MI-based Ford Motor Co. posted a disappointing bottom line result for its Q4, reporting 39 cents per share for a 3-cent miss. Quarterly sales, however, rose 7% year over year to $41.3 billion on net income growth of 65%. North American wholesale volume was up 5%. Although this is Ford's first earnings miss in the last 5 quarters, consider the one-time tax writeoff as a possible culprit here. For more on F's earnings, click here.

On a continually stronger Macau business, Las Vegas Sands posted its 4th straight earnings beat for Q4 2017: 88 cents per share versus a Zacks consensus estimate of 77 cents. Revenues of $3.44 billion easily surpassed the $3.21 billion expected. Net income in the quarter grew 124% year over year, and its Macau business rose nearly 20%. For more on LVS's earnings, click here.

Lam Research posted a notable Q2 2018 report -- depending on whether you look at GAAP or non-GAAP earnings, the Silicon Valley-based semiconductor manufacturer either earned $4.34 per share (non-GAAP) or -$0.06 (GAAP). This is on account of a massive $750 million write-down based on new U.S. tax policy; Lam holds lots of cash overseas. Guidance for full-year 2018 on the upper range is higher than the current Zacks estimates of $3.81 per share and $2.66 billion. For more on LRCX's earnings, click here.

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.


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To read this article on Zacks.com click here.
 
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http://so-l.ru/news/y/2018_01_25_the_zacks_analyst_blog_highlights_ford Thu, 25 Jan 2018 18:58:00 +0300
<![CDATA[Las Vegas Sands (LVS) Q4 Earnings Beat on Solid Revenues]]> Las Vegas Sands Corp. LVS reported better-than-expected results in fourth-quarter 2017.

Adjusted earnings per share of 88 cents surpassed the Zacks Consensus Estimate of 77 cents by 14.3% and increased 41.9% year over year on higher revenues. Net revenues of $3.4 billion beat the consensus mark by 6.3% and increased 11.7% year over year.

 

Las Vegas Sands Corp. Price, Consensus and EPS Surprise

 

 

Shares barely moved in after-hours trading. However, over the past six months, shares have rallied 26.4%, outperforming the industry’s gain of 18.6%.

The solid performance can be attributed to the scale and diversity of gaming and non-gaming services across Macao and Singapore operations.

Additionally, management is confident about Las Vegas Sands’ Cotai Strip portfolio of properties. These properties continue to reap economic benefits of diversification, lure greater number of business and leisure travelers as well as provide the company with a superior platform for growth.

Las Vegas Sands Corp. Price

 

 

Let’s delve deeper in to the numbers.

Property Performances: Asian Operations

The company's Asian business includes the following resorts:

The Venetian Macao

Net revenues increased 19.4% year over year to $844 million, owing to a 20.9% increase in casino revenues, 22.7% growth in room revenues, 9.5% rise in convention, retail and other revenues, 3.5% improvement in mall revenues and 14.3% increase in food and beverage revenues.

Adjusted property EBITDA was up 23.7% year over year to $324 million in the quarter.

Non-Rolling Chip Drop increased 21.5% and Rolling Chip volume improved 16.4%.

Sands Cotai Central

Net revenues rose 25.5% year over year to $557 million, driven by a 28.5% improvement in casino revenues, 19.7% rise in room revenues, 3.8% increase in food and beverage revenues, and 16.7% growth in convention, retail and other revenues. However, mall revenues fell 6.3% from the year-ago level.

Adjusted property EBITDA was $202 million, up 53% year over year.

While Non-Rolling Chip Drop rose 20.9%, Rolling Chip volume fell 16.7%.

The Parisian Macao

Revenues decreased 3.5% year over year to $332 million, owing to a 3.7% fall in casino revenues, 5.9% decline in food and beverage revenues, 11.1% decrease in mall revenues and 33.3% decline in convention, retail and other revenues. The downside was partially offset by a 16.7% increase in room revenues.

Adjusted property EBITDA fell 6.3% year over year to $89 million.

Non-Rolling Chip Drop improved 13.5%, while Rolling Chip volume rose 16.1%.

The Plaza Macao and Four Seasons Hotel Macao

Net revenues increased 10.4% to $180 million on a 12.4% increase in casino revenues as well as 28.6% and 12.1% increase in food and beverage revenues and mall revenues, respectively. Rooms and convention, retail and other revenues remained flat.

Adjusted property EBITDA increased 6% to $71 million.

Non-Rolling Chip Drop and Rolling Chip volume increased 24.3% and 6.7%, respectively.

Sands Macao

Revenues decreased 4.3% year over year to $154 million due to a 4.5% decline in casino revenues and 20% plunge in room revenues. Convention retail and other revenues and food and beverage revenues remained flat.  

Adjusted property EBITDA declined 14.9% to $40 million.

Non-Rolling Chip Drop increased 1.2%, while Rolling Chip volume declined 46.7%.

Marina Bay Sands, Singapore

Net revenues improved 14.1% year over year to $825 million owing to a 15.8% rise in casino revenues.  While room revenues and convention retail and other revenues fell 4.2% and 3.8%, respectively, mall and food and beverage revenues increased a respective 6.8% and 3.6%.

Adjusted property EBITDA in the quarter was $456 million, up 24.6%.

Non-Rolling Chip Drop and Rolling Chip volume fell 2.7% and 4%, respectively.

Domestic Operations

Las Vegas Operations

Net revenues from Las Vegas operations, which comprise The Venetian Las Vegas and The Palazzo including the Sands Expo and Convention Center, increased 2.4% to $422 million, owing to a 12% and 7.8% increase in food and beverage revenues and convention, retail and other revenues. The results were, however, somewhat offset by a fall of 4.6% and 1.4% in casino and room revenues, respectively.

Sands Bethlehem, PA

Net revenues at Sands Bethlehem were $142 million, up 2.2% year over year, attributable to a 2.3% rise in casino revenues. Rooms, mall, food and beverage as well as convention, retail and other revenues remained flat in the quarter.

Operating Results

On a consolidated basis, adjusted property EBITDA was up 19.7% year over year to $1.34 billion in the quarter on robust operating momentum in Macao operations. Strong mass non-gaming revenues along with higher hotel occupancy and retail mall revenues drove adjusted EBITDA.

Adjusted net income increased 42.6% year over year to $700 million.

Balance Sheet

As of Dec 31, 2017, unrestricted cash balances were $2.42 billion. Total debt outstanding, including the current portion and net of deferred financing costs along with original issue discount, was $9.64 billion.

Capital expenditures during the fourth quarter was $245 million. This was mainly due to construction, development and maintenance activities of $131 million in Macao, $59 million at Marina Bay Sands, $41 million in Las Vegas and $14 million at Sands Bethlehem.

Quarterly dividend paid by the company was 73 cents per share, while it repurchased $75 million of common stock.

2017 Highlights

For 2017, net revenues totaled $12.88 billion up 12.9% from 2016. Net income was up 61.4% to $3.26 billion from 2016.

EPS in the year was $3.04, reflecting a 30.5% year-over-year improvement.

Consolidated Adjusted Property EBITDA rose 18.6% year over year to $4.9 billion.

In 2017, the company paid dividends of $2.92 per share while it repurchased $375 million of common stock.

Zacks Rank & Peer Releases

Las Vegas Sands carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

In the same space, Wynn Resorts WYNN posted better-than-expected results for fourth-quarter 2017. Adjusted earnings of $1.40 per share surpassed the Zacks Consensus Estimate of $1.36 by nearly 2.9%. Revenues of $1.69 billion beat the Zacks Consensus Estimate of $1.54 billion by 9.7%

MGM Resorts International MGM is scheduled to release fourth-quarter results on Feb 20, while Melco Resorts & Entertainment Limited MLCO is expected to release quarterly numbers on Feb 15.

MGM Resorts and Melco’s 2018 earnings are projected to grow 30.7% and 19.8%, respectively.

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Las Vegas Sands Corp. (LVS): Free Stock Analysis Report
 
Wynn Resorts, Limited (WYNN): Free Stock Analysis Report
 
MGM Resorts International (MGM): Free Stock Analysis Report
 
Melco Crown Entertainment Limited (MLCO): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2018_01_25_las_vegas_sands_lvs_q4_earnings_beat_o Thu, 25 Jan 2018 16:41:00 +0300
<![CDATA[Las Vegas Sands заявила об увеличении квартальной прибыли]]> http://so-l.ru/news/y/2018_01_25_finam_ru_novosti_razvi_las_vegas_sands Thu, 25 Jan 2018 11:19:00 +0300 <![CDATA[Las Vegas Sands заявила об увеличении квартальной прибыли]]> http://so-l.ru/news/y/2018_01_25_las_vegas_sands_zayavila_ob_uvelichenii_kv Thu, 25 Jan 2018 11:13:39 +0300 <![CDATA[Ford Misses Q4 Earnings, LVS and LRCX Both Beat]]> Following the closing bell this afternoon, three companies sporting Zacks Rank #2 (Buy) recommendations reported Q4 earnings results: Ford F, Las Vegas Sands LVS and Lam Research LRCX. In fact, Ford and Lam both also carry Zacks Style Scores (Volume, Growth, Momentum) of A (LVS has a Style Score of C). So how did they do?

Dearborn, MI-based Ford Motor Co. posted a disappointing bottom line result for its Q4, reporting 39 cents per share for a 3-cent miss. Quarterly sales, however, rose 7% year over year to $41.3 billion on net income growth of 65%. North American wholesale volume was up 5%. Although this is Ford's first earnings miss in the last 5 quarters, consider the one-time tax writeoff as a possible culprit here. For more on F's earnings, click here.

On a continually stronger Macau business, Las Vegas Sands posted its 4th straight earnings beat for Q4 2017: 88 cents per share versus a Zacks consensus estimate of 77 cents. Revenues of $3.44 billion easily surpassed the $3.21 billion expected. Net income in the quarter grew 124% year over year, and its Macau business rose nearly 20%. For more on LVS's earnings, click here.

Lam Research posted a notable Q2 2018 report -- depending on whether you look at GAAP or non-GAAP earnings, the Silicon Valley-based semiconductor manufacturer either earned $4.34 per share (non-GAAP) or -$0.06 (GAAP). This is on account of a massive $750 million write-down based on new U.S. tax policy; Lam holds lots of cash overseas. Guidance for full-year 2018 on the upper range is higher than the current Zacks estimates of $3.81 per share and $2.66 billion. For more on LRCX's earnings, click here.

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Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


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Las Vegas Sands Corp. (LVS): Free Stock Analysis Report
 
Ford Motor Company (F): Free Stock Analysis Report
 
Lam Research Corporation (LRCX): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2018_01_25_ford_misses_q4_earnings_lvs_and_lrcx_bo Thu, 25 Jan 2018 02:05:00 +0300
<![CDATA[Las Vegas Sands (LVS) Posts Big Earnings Beat Thanks to Continued Macau Recovery]]> Las Vegas Sands Corp. LVS just released its fourth quarter fiscal 2017 earnings results, posting earnings of 88 cents per share and revenue of $3.44 billion. Currently, LVS is a Zacks Rank #2 (Buy), and is up almost 2% to $79.00 per share in trading shortly after its earnings report was released.

The casino giant:

Beat earnings estimates. LVS posted adjusted earnings of 88 cents per share, surpassing the Zacks Consensus Estimate of 77 cents per share. Net income increased 124.1% to $1.36 billion.

Beat revenue estimates. The company saw revenue figures of $3.44 billion, topping our consensus estimate of $3.21 billion and increasing 11.7% year-over-year.

LVS said that in Macau, adjusted property EBITDA grew 19.8% to $731 million, while at Marine Bay Sands in Singapore, adjusted property EBITDA increased 24.6% to $456 million. At its Las Vegas operating properties, this metric grew just 2.7% to $114 million.

Total revenues for Sands China increased 12.9% to $2.10 billion on a GAAP basis during the quarter.

"We are extremely pleased to have delivered another set of strong financial results this quarter. Consolidated adjusted property EBITDA reached $1.34 billion, an increase of 19.7% compared to the fourth quarter of 2016. We also continued to return excess capital to shareholders through dividends and share repurchases during the quarter,” said CEO Sheldon G. Adelson.

Adelson also commented on the overall Macau market, noting that it “continued its robust recovery during the quarter, with growth in the important Mass gaming market accelerating in the fourth quarter of 2017.”

Las Vegas Sands Corp. Price, Consensus and EPS Surprise

Las Vegas Sands Corp. Price, Consensus and EPS Surprise | Las Vegas Sands Corp. Quote

Las Vegas Sands is a hotel, gaming, and retail mall company headquartered in Las Vegas, Nevada. The company owns The Venetian Resort Hotel Casino, the Sands Expo and Convention Center, Venetian Interactive, an internet based venture, and Venetian Macao Limited, a developer of multiple casino hotel resort properties in The People's Republic of China's Special Administrative Region of Macao.

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


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Las Vegas Sands Corp. (LVS): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2018_01_25_las_vegas_sands_lvs_posts_big_earnings Thu, 25 Jan 2018 01:17:00 +0300
<![CDATA[Las Vegas Sands beats by $0.11, beats on revenue]]> http://so-l.ru/news/y/2018_01_25_las_vegas_sands_beats_by_0_11_beats_on Thu, 25 Jan 2018 00:02:39 +0300 <![CDATA[Отчеты Comcast, General Electric и Las Vegas Sands могут огорчить инвесторов]]> http://so-l.ru/news/y/2018_01_24_finam_ru_novosti_i_kom_otcheti_comcast Wed, 24 Jan 2018 13:56:23 +0300 <![CDATA[Отчеты Comcast, General Electric и Las Vegas Sands могут огорчить инвесторов, - Вадим Меркулов,старший аналитик ИК "Фридом Финанс"]]> http://so-l.ru/news/y/2018_01_24_otcheti_comcast_general_electric_i_las_v Wed, 24 Jan 2018 12:24:18 +0300 <![CDATA[5 Reasons to Buy Las Vegas Sands (LVS) Ahead of Earnings]]>

On Tuesday, January 24th, Las Vegas Sands (LVS) will release its third quarter earnings results after the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of C.

Dave will look at Las Vegas Sands’ past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Las Vegas Sands ahead of earnings.

Las Vegas Sands in Focus

Las Vegas Sands Corp. is a hotel, gaming, and retail mall company headquartered in Las Vegas, Nevada. The company owns The Venetian Resort Hotel Casino, the Sands Expo and Convention Center, Venetian Interactive, an internet based venture, and Venetian Macao Limited, a developer of multiple casino hotel resort properties in The People's Republic of China's Special Administrative Region of Macao.

Las Vegas Sands is expected to report earnings at $0.77 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 14.93%. They reported earnings at $0.77per share, beating their estimate of $0.67. They have an average earnings surprise of 9.11% over the last 4 quarters.

Las Vegas Sands Corp. Price, Consensus and EPS Surprise

Las Vegas Sands Corp. Price, Consensus and EPS Surprise | Las Vegas Sands Corp. Quote

Bottom Line

How should investors play Las Vegas Sands ahead of their earnings report? For insights on the best options trades, then tune in at 1:00pm CST today to see David’s thoughts.

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Las Vegas Sands Corp. (LVS): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2018_01_23_5_reasons_to_buy_las_vegas_sands_lvs_a Tue, 23 Jan 2018 20:59:00 +0300
<![CDATA[Key Predictions for Q4 Earnings Reports of LVS and RCL]]> As the Q4 earnings season is ramping up, multiple reports will be flowing in this week. So far, the earnings picture looks encouraging. Per the Earnings Outlook  as of Jan 19, out of the 53 S&P 500 members that have posted their quarterly results so far, 81.1% surpassed earnings estimates, 75.5% beat revenues and 62.3% outpaced both earnings and sales.

Further, total earnings for these companies have increased 11.7% from the same period last year on 7.5% higher revenues. The report projects a 10.3% year-over-year rise in earnings for the S&P 500 companies with total revenues likely to increase 7.1%.

A Mixed Bag for Consumer Discretionary

While a few sectors are expected to put up a stellar show in Q4 earnings, the widely diversified Consumer Discretionary sector is likely to post mixed results.

Total earnings for the sector are likely to decline 2.4% year over year. Earnings in the last reported quarter grew 0.9% year over year. Total revenues are projected to grow 3.5% year over year in Q4, remaining flat with the prior quarter growth.

Gaming Industry to See Growth

The Gaming Industry, under Consumer Discretionary, has performed remarkably well in the past year. The industry has gained 39.4%, outpacing the S&P 500’s 26.3%.

We expect the industry to have grown in the fourth quarter on increasing demand for gaming services and rapid expansion of these service providers.

Reflecting the bullishness, casino giant Wynn Resorts WYNN posted better-than-expected results for fourth-quarter 2017, with earnings and revenues beating the Zacks Consensus Estimate.

Moving on,Las Vegas Sands Corp. LVS is slated to release fourth-quarter 2017 numbers on Jan 24, after market close. Given the ongoing recovery in gaming revenues in Macao and continued improvement in the Las Vegas business, the stock is expected to perform well in the quarter.

The Zacks Consensus Estimate for earnings is pegged at 77 cents, reflecting a year-over-year increase of 24.2%. It is attributable to the company’s continuous improvement in margins which is driving earnings. While some companies in the leisure industry are grappling with margin pressure, Las Vegas Sands’ EBITDA margins have been consistently improving on continued focus on mass and non-gaming segments that carry higher margins.

Meanwhile, analysts polled by Zacks expect revenues of $3,205 million, up from $3,075 million reported in the prior-year quarter. The consensus estimate also portrays sequential growth of 0.2% on the company’s solid business model, extensive non-gaming revenue opportunities, high quality assets and attractive property locations. Additionally, a few planned entertainment offerings in the pipeline are expected to deliver profitable results across the company’s properties in the fourth quarter. (Read More: Is Las Vegas Sands Poised for a Beat in Q4 Earnings?)

Las Vegas Sands carries a Zacks Rank #2 (Buy) and an Earnings ESP of +3.45%, a combination that increases the odds of a beat. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Las Vegas Sands Corp. Price and EPS Surprise

 

 

Leisure and Recreation Services Well Positioned

The Leisure and Recreation Services Industry is also a well-performing space within Consumer Discretionary. The industry has rallied 27.5% in the past year, outpacing the S&P 500’s 26.3% growth.

Increased consumer spending on leisure stocks is expected to favor the industry’s results.

As it is, Carnival Corporation CCL, being the most prominent of all cruise stocks within the industry, has reported better-than-expected results in fourth-quarter fiscal 2017. Both earnings and revenue surpassed the consensus mark.

Another prominent cruise stock, Royal Caribbean Cruises Ltd. RCL is scheduled to report fourth-quarter 2017 numbers on Jan 24, before the bell.

Royal Caribbean’s top line is expected to be significantly driven by solid onboard revenues, strong performance of joint ventures and a decent book position. Subsequently, the consensus estimate for revenues is pegged at $1.98 million, reflecting a year-over-year increase of 3.4%.

The consensus estimate for EPS stands at $1.20, reflecting a year-over-year decrease of 2.4% owing to rising costs. Royal Caribbean expects net cruise costs, excluding fuel, to be up roughly 8.5%. Planned investments and revenue generating activities will further drive costs. (Read More: What to Expect From Royal Caribbean in Q4 Earnings?)

Royal Caribbean has a Zacks Rank #3 (Hold) and an Earnings ESP of +0.57%, a combination that suggests that the company will likely beat estimates. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Royal Caribbean Cruises Ltd. Price and EPS Surprise

 

 

Wall Street’s Next Amazon

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

Click for details >>


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Las Vegas Sands Corp. (LVS): Free Stock Analysis Report
 
Wynn Resorts, Limited (WYNN): Free Stock Analysis Report
 
Carnival Corporation (CCL): Free Stock Analysis Report
 
Royal Caribbean Cruises Ltd. (RCL): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2018_01_23_key_predictions_for_q4_earnings_reports Tue, 23 Jan 2018 15:52:00 +0300
<![CDATA[Is Las Vegas Sands (LVS) Poised for a Beat in Q4 Earnings?]]> Las Vegas Sands Corp. LVS is slated to release fourth-quarter 2017 numbers on Jan 24, after market close.

In the last quarter, the company delivered a positive earnings surprise of 14.93%. In fact, Las Vegas Sands’ earnings surpassed the Zacks Consensus Estimate in three of the last four quarters, the average beat being 9.11%.

Shares of the company have rallied 18.8% in the past six months, outperforming the industry’s gain of 13.4%.

Given the ongoing recovery in gaming revenues in Macao and continued improvement in the Las Vegas business, the company is expected to perform well in the quarter to be reported.




Top Line Likely to Improve

Las Vegas Sands’ revenues are likely to increase year over year on a solid business model, extensive non-gaming revenue opportunities, high quality assets and attractive property locations. Additionally, a few planned entertainment offerings are expected to prove profitable in the fourth quarter.

Consequently, the Zacks Consensus Estimate for fourth-quarter revenues is pegged at $3.21 billion, reflecting 4.2% year-over-year growth. Also, net revenues in the first nine months of 2017 increased 13.3% from the year-ago level, indicating an upward trend in overall revenues.

Coming to the company’s Macao business, the consensus estimate for fourth-quarter revenues in Venetian Macao reflects 1.4% year-over-year growth. Sands Cotai Central revenues are expected to grow 6.5% in the fourth quarter from a year ago. Further, Sands Macao revenues are expected to witness 0.6% year-over-year growth in the fourth quarter of 2017. Although revenues in The Plaza Macao and Four Seasons Hotel Macao are expected to decline 9.2% from the fourth quarter of 2016, the consensus estimate projects sequential growth in the quarter to be reported.

Continual investments in Macao are expected to result in the sequential improvement. The company aims to benefit from the possible structural growth in Macao. In fact, the third quarter of 2017 marked the strongest results in Macao with robust growth metrics across the gaming and non-gaming segments. This trend is expected to reflect in the fourth-quarter results as well.

In terms of Las Vegas operations, the consensus estimate for fourth-quarter revenues is pegged at $396 million, reflecting 4.8% sequential growth. Moreover, in the first nine months of 2017, revenues from Las Vegas operations increased 6.3% from a year ago.

As it is, the company is focusing on renovation and promotion of its Las Vegas properties in order to drive segmental performance. The rise in employment rate and tourism in the region has been boosting demand at the company’s properties. Further, diversification of the company’s resort portfolio and non-gaming options should contribute significantly to revenues.

Improvement in EBITDA Margins to Drive Earnings

While some companies in the leisure industry are grappling with margin pressure, Las Vegas Sands’ performance has been considerably better. EBITDA margins have been improving consistently buoyed by focus on mass and non-gaming segments that carry higher margins. This in turn is helping earnings per share growth.

The consensus estimate for fourth-quarter earnings is pegged at 77 cents per share, reflecting 24.2% year-over-year growth.

Our Quantitative Model Suggests a Beat

According to our quantitative model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) and a positive Earnings ESP has a fair chance of beating estimates. Meanwhile, stocks with a Zacks Rank #4 (Sell) or 5 (Strong Sell) are best avoided.

Las Vegas Sands has a Zacks Rank #2 and an Earnings ESP of +3.45%, a combination that increases the odds of a beat. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Las Vegas Sands Corp. Price and EPS Surprise

 

 

Other Stocks to Consider

A few other top-ranked stocks in the same space include Wynn Resorts, Limited WYNN, Penn National Gaming, Inc. PENN and Melco Resorts & Entertainment Limited MLCO. While Wynn Resorts and Penn National sport a Zacks Rank #1 (Strong Buy), Melco carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Wynn Resorts and Melco’s 2018 earnings estimates signal growth of 26.5% and 19.8%, respectively. Penn National’s current-quarter earnings are expected to increase 260%.

Wall Street’s Next Amazon

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

Click for details >>


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Las Vegas Sands Corp. (LVS): Free Stock Analysis Report
 
Wynn Resorts, Limited (WYNN): Free Stock Analysis Report
 
Penn National Gaming, Inc. (PENN): Free Stock Analysis Report
 
Melco Crown Entertainment Limited (MLCO): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2018_01_23_is_las_vegas_sands_lvs_poised_for_a_be Tue, 23 Jan 2018 13:02:00 +0300
<![CDATA[3 Stocks Likely to Beat Earnings Estimates This Week]]> A strong global economy and newly-passed tax laws in the U.S. have brought new attention to the bottom lines of the world’s most powerful companies, and although Q4 report season will not feel all of the effects of these new forces, investors are certainly focused intently on the latest earnings announcements right now.

The wave of fourth-quarter earnings reports is only just picking up, but so far Wall Street has been impressed. Through Friday’s pre-market announcements, 44 members of the S&P 500 had reported, tallying an average earnings growth rate of 11.4% on 7.5% higher revenues.

Of course, investors are always looking to find companies that are poised to post better-than-expected earnings results and experience strong post-earnings gains.

Luckily, Zacks Premium customers can utilize the Earnings ESP Screener in order to search for stocks that are expected to beat. Zacks Earnings ESP (Expected Surprise Prediction) looks to find earnings surprises by focusing on the most recent analyst estimates.

This is done because, generally speaking, when an analyst posts an estimate right before an earnings release, it means that they have fresh information which could potentially be more accurate than what analysts thought about a company two or three months ago.

A positive Earnings ESP paired with a Zacks Rank #3 (Hold) or better ranking helps us feel confident about the potential for an earnings beat. In fact, our 10-year backtest has revealed that this methodology has accurately produced a positive surprise 70% of the time.

Today, we are giving our readers a very special treat: a free look at three of the strongest stocks that are popping up on our Earnings ESP Screener right now. Check them out:

1.       Johnson & Johnson (JNJ)

Johnson & Johnson is one of the world’s largest manufacturers of pharmaceuticals and personal healthcare items. The company is scheduled to release its fiscal fourth-quarter earnings report before the market opens on Jan. 23. JNJ is currently sporting a Zacks Rank #3 (Hold) and has an Earnings ESP of +0.58%.

Based on our latest consensus estimates, we expect to see Johnson & Johnson report earnings of $1.72 per share and revenues of $20.22 billion. These results would represent year-over-year growth of 9% and 12%, respectively.

 

2.       Las Vegas Sands Corp. (LVS)

Las Vegas Sands is a casino operator. The company’s property portfolio includes the historic Venetian Resort, the Sands Expo and Convention Center, and the Venetian Macau. Las Vegas Sands is scheduled to release its latest quarterly results after the closing bell on Jan. 24. LVS is currently a Zacks Rank #2 (Buy) and has an Earnings ESP of +5.19%.

According to our latest consensus estimates, Las Vegas Sands is projected to post earnings of $0.77 per share and revenues of $3.21 billion, which would represent year-over-year growth of 24% and 4%, respectively.

 

3.       SEI Investments Company (SEIC)

SEI Investments is a leading global provider of asset management and investment technology solutions. The company's innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth. SEI is scheduled to release its latest report on Jan. 24. The stock is currently a Zacks Rank #1 (Strong Buy) and has an Earnings ESP of +3.28%.

Based on our latest consensus estimates, SEI is expected to report earnings of $0.61 per share and revenues of $398.84 million. These results would represent year-over-year growth of 11% and 8%, respectively.

 

Want more analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


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Las Vegas Sands Corp. (LVS): Free Stock Analysis Report
 
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SEI Investments Company (SEIC): Free Stock Analysis Report
 
To read this article on Zacks.com click here.]]>
http://so-l.ru/news/y/2018_01_22_3_stocks_likely_to_beat_earnings_estimat Mon, 22 Jan 2018 21:00:00 +0300
<![CDATA[What to Expect From Royal Caribbean (RCL) in Q4 Earnings?]]> Global cruise vacation company, Royal Caribbean Cruises Ltd. RCL is scheduled to report fourth-quarter 2017 numbers on Jan 24, before the bell.

Last quarter, the company pulled off a positive earnings surprise of 1.75%. In fact, Royal Caribbean’s earnings surpassed the Zacks Consensus Estimate in each of the last four quarters, with an average beat of 3.15%.

The cruise operator’s shares have soared 51.8% in a year’s time, significantly outperforming the industry’s 24.2% gain.

Q3 Highlights

Royal Caribbean reported earnings of $3.49, which surpassed the Zacks Consensus Estimate. Earnings increased 9.1% from the year-ago quarter.

Total revenues were $2.57 billion, beating beat the consensus mark by a slight margin and increasing a meagre 0.2% year over year.

The company’s Double-Double program, which is aimed at doubling 2014 earnings per share by 2017 and lift return on invested capital (ROIC) to double-digit percentages, achieved its target for the 12 months ended Sep 30.

Q4 Expectations

Royal Caribbean’s top line is expected to be significantly driven by solid onboard revenues, strong performance of joint ventures and a decent book position.

Although Caribbean bookings have recovered quickly from hurricane impacts, they are expected to stay soft in the quarter. However, strong demand for North America, Europe and China products are likely to offset hurricane impacts to a considerable degree.

The Zacks Consensus Estimate for revenues is pegged at $1.98 million, reflecting a year-over-year increase of 3.4%.

In terms of bottom line, the consensus estimate for EPS stands at $1.20, reflecting a year-over-year decrease of 2.4%. The likely decline will probably be the result of rising costs. Royal Caribbean expects net cruise costs, excluding fuel, to be up roughly 8.5%. Planned investments and revenue generating activities will further add to costs.

Despite this, we expect the company to have achieved its Double-Double target. For 2017, the company now anticipates earnings in the band of $7.35 to $7.40 per share, compared with $7.35-$7.45 projected earlier. Notwithstanding the narrowed guidance, earnings in this range will ensure achievement of the Double-Double program.

Our Model Suggests a Beat

Please note that according to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Earnings ESP. Zacks Rank #4 (Sell) or 5 (Strong Sell) stocks are best avoided, especially if they have a negative Earnings ESP. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Royal Caribbean has a Zacks Rank #3 and an Earnings ESP of +0.57%, a combination that suggests that the companyis likely to beat estimates.

Royal Caribbean Cruises Ltd. Price and EPS Surprise

Other Stocks to Consider

Here are some stocks that you may also want to consider as our model shows these have the right combination of elements to deliver a positive earnings surprise:

Penn National Gaming PENN, with an Earnings ESP of +3.64% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Marriott International MAR with an Earnings ESP of +0.32% and a Zacks Rank #1.

Las Vegas Sands Corp. LVS with an Earnings ESP of +3.45% and a Zacks Rank #2.

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Las Vegas Sands Corp. (LVS): Free Stock Analysis Report
 
Penn National Gaming, Inc. (PENN): Free Stock Analysis Report
 
Marriott International (MAR): Free Stock Analysis Report
 
Royal Caribbean Cruises Ltd. (RCL): Free Stock Analysis Report
 
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http://so-l.ru/news/y/2018_01_22_what_to_expect_from_royal_caribbean_rcl Mon, 22 Jan 2018 17:40:00 +0300