LVS Posts Q2 2026 Revenue, Expands Buyback
Las Vegas Sands posted Q2 2026 revenue of about $3.154 billion, net income of $346 million, and EPS of $0.53, while expanding its buyback to $6 billion through 2029 as it continues heavy reinvestment in Macao and other properties; this suggests a stronger focus on capital returns even as investment costs affect near-term margins. A wave of institutional buyers—Renaissance Technologies, Cumberland Partners, AQR, Norges Bank, Arrowstreet, M&T Bank, Bank of New York Mellon, and others—have boosted LVS holdings, and the stock appears undervalued on a P/E basis versus industry peers, with upside potential tied to property openings like The Londoner and margin recovery amid renovation costs and market conditions.
Business · 5 sources · Jul 26, 2026Read it
The journal
Open the journal →The conversation starts in the journal — be the first to post.
About Norges Bank
Norges Bank is the central bank of Norway. It is responsible for managing the Government Pension Fund of Norway, which is the world's largest sovereign wealth fund, as well as the bank's own foreign exchange reserves.
Everything about Norges Bank →- Country
- Norway
- Headquarters
- Oslo, Trondheim
- Inception
- June 14, 1816
- Website
- http://www.norges-bank.no/, https://www.norges-bank.no/en/