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Las Vegas Sands Gains On Q2 Earnings And Revenue Beat

Las Vegas Sands Corp. (LVS - Free Report) released its second quarter fiscal 2017 financial results, posting earnings of $0.73 per share and revenues of $3.14 billion. Currently, LVS is a Zacks Rank #2 (Buy) and is up 1.38% to $62.50 per share in trading shortly after its earnings report was released.

Las Vegas Sands:

Beat earnings estimates. The company posted earnings of $0.73 per share (excluding four cents from non-recurring items), defeating the Zacks Consensus Estimate of $0.61.

Beat revenue estimates. The company saw revenue figures of $3.14 billion, beating our consensus estimate of $3.02 billion.

Net revenue for the second quarter of 2017 increased 18.6%...