Las Vegas Sands Stock Rallies After Strong Q2: Details
1. LVS quarterly earnings of 79 cents beat analyst estimate of 53 cents. 2. Revenue of $3.17 billion surpassed expectations of $2.82 billion. 3. Macao adjusted EBITDA reached $566 million, benefiting from high rolling play. 4. Marina Bay Sands adjusted EBITDA was $768 million, also boosted by high play. 5. CEO expresses optimism for growth in Macao and Singapore markets.