Las Vegas Sands: Q2 Earnings Snapshot

LAS VEGAS (AP) — LAS VEGAS (AP) — Las Vegas Sands Corp. (LVS) on Wednesday reported second-quarter profit of $353 million.

The Las Vegas-based company said it had net income of 48 cents per share. Earnings, adjusted for non-recurring costs, came to 55 cents per share.

The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share.

The casino operator posted revenue of $2.76 billion in the period, which also missed Street forecasts. Seven analysts surveyed by Zacks expected $2.84 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LVS at https://www.zacks.com/ap/LVS