|
|
Article: Las Vegas Sands' earnings increase.
- Article from:
- Las Vegas Review-Journal (Las Vegas, NV)
- Article date:
- February 15, 2006
CopyrightCOPYRIGHT 2006 Las Vegas Review-Journal. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Howard Stutz
Feb. 15--Revenue and profit rose in the last three months of 2005 for Las Vegas Sands Corp., fueled by free-spending Chinese customers at the company's gambling palace in Macau, the casino operator said Tuesday.
Las Vegas Sands, which also operates The Venetian, said net income in its fourth quarter, ended Dec. 31, was $110 million, or 31 cents per share, compared with $69.3 million, or 21 cents per share, a year earlier.
The quarterly earnings beat the consensus of 27 cents per share estimated by analysts polled by Thomson First Call.
Revenue rose 42.8 percent to $523.8 million from $366.7 million.
...