Las Vegas Sands Corp

LVS: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$32.00	Klpdcj	Zthfmsvmvz

Las Vegas Sands Earnings: Macao and Singapore Results Continue to Shine Amid Macro Uncertainty

Dan Wasiolek

Oct 18, 2023

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.

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