NEW YORK (TheStreet) -- Shares of Las Vegas Sands (LVS) - Get Report are higher by 0.76% to $41.18 in mid-morning trading on Wednesday, as the company prepares to release its fiscal 2015 fourth quarter earnings results after the market close today.
Analysts are expecting the resort and casino operator to post a year over year decline in its earnings per share and revenue results for the most recent quarter.
Las Vegas Sands has been forecast by analysts surveyed by Thomson Reuters to report earnings of 65 cents per share on revenue of $2.91 billion for the three month period ended December 2015.
Last year, the Las Vegas-based entertainment company reported adjusted earnings of 92 cents per diluted share, on revenue of $3.41 billion for the fiscal 2014 fourth quarter.
Casino operators across the word have been pressured over the last year due to the anticorruption crackdown in China's Macau gambling district. Gaming revenue in the only area in China where such activities are legal fell by 34.3% in 2015 as a result of the government's measures, which have keep high stakes and VIP players away from the gaming tables.
Separately, TheStreet Ratings has a "hold" rating and score of C on Las Vegas Sands stock. The primary factors that have impacted the rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks.
The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins and notable return on equity. However, as a counter to these strengths, TheStreet Ratings also finds weaknesses including deteriorating net income, weak operating cash flow and generally higher debt management risk.
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: LVS