FMP
Apr 18, 2024 11:00 AM - Davit Kirakosyan
Las Vegas Sands (NYSE:LVS) shares fell more than 3% pre-market today despite the company exceeding analyst expectations in its first-quarter financial report, with earnings per share of $0.75 surpassing the anticipated $0.61. The company's revenue reached $2.96 billion, slightly ahead of the expected $2.94 billion.
Adjusted property EBITDA saw a significant year-over-year increase of 53%, reaching $1.21 billion and beating forecasts of $1.19 billion. Despite an increase in capital expenditures to $196 million, up 18% from the previous year, this was much lower than the forecasted $322.5 million. During the quarter, the company also repurchased about $450 million of its common stock. Chairman and CEO Robert G. Goldstein expressed satisfaction with the results, noting strong performance in Macao and Singapore. He emphasized the company's commitment to driving growth in these markets through substantial capital investment programs.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...