Las Vegas Sands' Loss Grows
The casino operator loses 14 cents a share.
Las Vegas Sands
(LVS) - Get Report
swung to a wider loss in the first quarter.
The casino operator lost $87.7 million, compared with a $11.2 million, or a 3 cents a share loss a year ago. Excluding one-time items, the casino operator would have earned 1 cent a share.
Share traded up 36 cents after hours, to $11.70.
Revenue totaled $1.08 billion. Analysts polled by Thomson Reuters were expecting a loss of 2 cents on revenue of $1.06 billion.
Wynn Resorts
(WYNN) - Get Report
also
posted a quarterly loss
Tuesday.
