Las Vegas Sands Corp. Declares Recurring Quarterly Dividend, Payable on September 30, 2015; Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Jul 22 15
Las Vegas Sands Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of $3,091,971,000 against $3,827,024,000 a year ago. Operating income was $689,310,000 against $961,460,000 a year ago. Income before income taxes was $627,420,000 against $899,761,000 a year ago. Net income was $581,491,000 against $852,844,000 a year ago. Net income attributable to company was $469,173,000 against $671,434,000 a year ago. Basic and diluted earnings per share were $0.59 against $0.83 per share a year ago. Adjusted property EBITDA was $1,016,158,000 against $1,312,643,000 a year ago. Adjusted net income decreased to $481.5 million, or $0.60 per diluted share, compared to $690.4 million, or $0.85 per diluted share, in the second quarter of 2014.
For the six months, the company reported total revenues of $6,291,434,000 against $8,048,505,000 a year ago. Operating income was $1,400,425,000 against $2,105,285,000 a year ago. Income before income taxes was $1,294,123,000 against $1,955,642,000 a year ago. Net income was $1,192,529,000 against $1,849,572,000 a year ago. Net income attributable to company was $981,096,000 against $1,447,619,000 a year ago. Basic and diluted earnings per share were $1.23 against $1.78 per share a year ago. Adjusted property EBITDA was $2,066,666,000 against $2,792,342,000 a year ago. Adjusted net income was $1,012,569,000 against $1,484,242,000 a year ago.
The company announced that its next recurring quarterly dividend of $0.65 per common share will be paid on September 30, 2015, to Las Vegas Sands shareholders of record on September 22, 2015.