DKNG - Las Vegas Sands: Rolling The Dice Ahead Of Earnings EPS Growth Expected
2024-01-24 12:30:02 ET
Summary
- Conference season and consumer spending are positive factors for the Casinos and Gaming industry.
- Las Vegas Sands (LVS) has uncertainty with its Macau assets but appears cheap on valuation metrics considering the growth trajectory.
- LVS is expected to report strong earnings growth and dividends are forecasted to rise in tonight's report.
- I highlight key price levels to monitor.
Conference season is in full swing. Companies are ditching the snow and cold for mild breezes and flashy lights. People are taking to the skies and casinos are busy. What’s more, consumers continue to spend. These are all tailwinds for the Casinos and Gaming industry, but firms with significant exposure to Macau face risks, though its casino revenue surged 334% last year....
Las Vegas Sands: Rolling The Dice Ahead Of Earnings, EPS Growth Expected