Will 2018 Be Las Vegas Sands Corp.'s Best Year Yet?
Las Vegas Sands (NYSE: LVS), the biggest casino operator in the world, recently posted solid third quarter numbers that topped analyst estimates. Its revenue rose 7.7% annually to $3.2 billion, beating estimates by $50 million, while its adjusted EPS grew 8.5% to $0.77, topping expectations by $0.09.
That report propelled Sands' stock back toward its 52-week high, and it's now up 23% year-to-date. Should investors expect even better performance next year, or will the stock stall out? Let's examine Sands' biggest strengths and weaknesses to find out.
Image source: Las Vegas Sands.
Source: Fool.com