| LVS |
Report |
Adjusted EPS (Q2 2026) |
MISS |
pred ~$0.74 vs. cons $0.76 |
MEDIUM |
| LVS |
Report |
Total Net Revenue (Q2 2026) |
MISS |
pred ~$3.30B vs. cons $3.37B |
MEDIUM |
| LVS |
Report |
Macau (Sands China) Adjusted Property EBITDA (Q2 2026) |
MISS |
pred ~$620M vs. cons $665M |
HIGH |
| LVS |
Guide |
FY2026 Adjusted EPS trajectory (implied by mgmt commentary/analyst read-through) |
LOWER |
guide ~$3.15 vs. cons $3.38 (FY2026) |
MEDIUM |
| LVS |
Guide |
Macau quarterly EBITDA run-rate target (mgmt's $700M+ goal) |
LOWER |
guide ~$660M vs. cons $700M (H2 2026 quarterly target) |
MEDIUM |
| LVS |
Guide |
Marina Bay Sands EBITDA normalization off Q1's rolling-chip peak |
LOWER |
guide ~$650M vs. cons $700M (Q3 2026) |
LOW |
| LVS |
Return |
Day-1 residual (stock − beta × S&P 500) |
-3.5% |
— |
MEDIUM |
| LVS |
Return |
5-day cumulative residual |
-5.5% (FOLLOW-THROUGH) |
A soft Macau EBITDA print (World Cup GGR air-pocket plus continued promotional/hiring investment) alongside cautious 2H margin commentary should trigger sell-side FY26 EPS and Macau EBITDA cuts in the days after the print, extending rather than reversing the initial move — this mirrors the Q1 2026 pattern where an EPS beat still produced an 8.6% next-day drop and a multi-month slide as margin concerns dominated headline results. With the stock already near 52-week lows and PTs still being trimmed into the print, the path of least resistance is further downward estimate revisions compounding the day-1 reaction rather than a snap-back. |
MEDIUM |