10 Firms Lead Thursday’s Rally on Better Earnings, Bargain-Hunting

7. Las Vegas Sands Corp. (NYSE:LVS)

Casino and resort operator Las Vegas Sands saw its share prices increase by 11.08 percent on Thursday to finish at $48.24 each after posting impressive revenue growth in full-year 2024 coupled with an optimistic outlook for all businesses this year.

During Las Vegas Sands’ fourth quarter earnings call, Chief Executive Officer Robert Goldstein said that the company achieved revenues of $11.3 billion last year, of which $7.1 billion came from its Macau operations.

With the strong growth, the company is expecting even better operations this year, with gaming revenues targeted to jump to $30 billion.

“We believe the Chinese economy will grow, and the Macau market will grow as well,” Goldstein said.

Las Vegas Sands spent a total of $547 million in the fourth quarter of the year, of which $345 million was allocated for its Macau operations.