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Macau Drags Las Vegas Sands to Profit Miss

Stock quotes in this article: LVS , MPEL , TRMP  

Las Vegas Sands(LVS Quote) widely missed first-quarter earnings estimates after the market close Wednesday because of disappointing Macau casino results, pointing to the competitive nature of the world's largest gambling market.

While many investors had been fretting about the company's Las Vegas properties because of the weak U.S. consumer, the Macau results surprised investors.

The stock fell 7.2% to $70.75 in recent after-hours trading Wednesday. ...

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