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What's in Store for Las Vegas Sands (LVS) in Q2 Earnings?

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Las Vegas Sands Corp.

is scheduled to report second-quarter 2016 numbers on Jul 25, after market close.

Last quarter, Las Vegas Sands posted a 26.23% negative earnings surprise. In fact, the company's earnings lagged the Zacks Consensus Estimate in three of the last four quarters, with an average miss of 6.56%.

Let's see how things are shaping up for this announcement.

LAS VEGAS SANDS Price and EPS Surprise

Factors Likely to Influence this Quarter

Las Vegas Sands has been reporting lower-than-expected revenues over the past seven quarters due to a sluggish performance in Macau, its key operating region. In fact, revenues in Macau have declined in all of the three months of this quarter due to the anti-graft corruption drive undertaken by the Chinese government, which significantly affected VIP business in the region. We do not expect any significant improvement in Macau region in the to-be-reported...