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Las Vegas Sands Corp (LVS) SEC Filing 10-K Annual report for the fiscal year ending Monday, December 31, 2018

Las Vegas Sands Corp

CIK: 1300514 Ticker: LVS
Exhibit 99.1

sandslogo.jpg
Press Release
Las Vegas Sands Reports
Fourth Quarter 2018 Results

For the Quarter Ended December 31, 2018
(Compared to the Quarter Ended December 31, 2017)

- Consolidated Net Revenue Increased 2.5% to $3.48 Billion
- Due to U.S. Tax Reform, Net Loss of $40 Million and $0.22 per Diluted Share Includes a Nonrecurring Non-Cash Income Tax Expense of $727 Million
- Adjusted Earnings per Diluted Share Was $0.77 and Excludes the $0.93 Impact per Diluted Share Due to U.S. Tax Reform
- Hold-Normalized Adjusted Property EBITDA Increased 0.2% to $1.30 Billion, Consolidated Adjusted Property EBITDA Was $1.27 Billion
- In Macao, Adjusted Property EBITDA Increased 7.7% to $786 Million
- At Marina Bay Sands in Singapore, Adjusted Property EBITDA Was $362 Million
- At Our Las Vegas Operating Properties, Adjusted Property EBITDA Was $100 Million, While Hold-Normalized Adjusted Property EBITDA Increased 9.6% to $125 Million
- The Company Paid Quarterly Dividends of $0.75 per Share
- The Company Repurchased $430 Million of Common Stock During the Quarter

For the Year Ended December 31, 2018
(Compared to the Year Ended December 31, 2017)

- Consolidated Net Revenue was $13.73 Billion, Net Income was $2.95 Billion, Net Income Attributable to Las Vegas Sands Was $2.41 Billion and $3.07 per Diluted Share
- Adjusted Earnings per Diluted Share was $3.32, Consolidated Adjusted Property EBITDA was $5.28 Billion
- The Company Paid Dividends of $3.00 per Share


The following information was filed by Las Vegas Sands Corp (LVS) on Wednesday, January 23, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Las Vegas Sands Corp's Definitive Proxy Statement (Form DEF 14A) filed after their 2019 10-K Annual Report includes:

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Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Cash Flows Supplemental Disclosures
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Equity
Consolidated Statements Of Equity (Parenthetical)
Consolidated Statements Of Operations
Accounts Receivable, Net
Accounts Receivable, Net (Details)
Accounts Receivable, Net (Tables)
Commitments And Contingencies
Commitments And Contingencies (Tables)
Commitments And Contingencies - Additional Information (Details)
Commitments And Contingencies - Future Minimum Rental Payments Under Non-Cancelable Operating Leases (Details)
Derivative Instruments
Derivative Instruments - Additional Information (Details)
Employee Benefit Plans
Employee Benefit Plans - Additional Information (Details)
Equity
Equity (Tables)
Equity - Additional Information (Details)
Equity - Rollforward Of Common Stock (Details)
Fair Value Measurements
Fair Value Measurements - Additional Information (Details)
Income Taxes
Income Taxes (Tables)
Income Taxes - Additional Information (Details)
Income Taxes - Components Of Income Tax (Benefit) Expense (Details)
Income Taxes - Components Of Net Deferred Tax Liabilities (Details)
Income Taxes - Effective Income Tax Rate Reconciliation (Details)
Income Taxes - Income Before Income Taxes And Noncontrolling Interests (Details)
Income Taxes - Reconciliation Of Unrecognized Tax Benefits (Details)
Intangible Assets, Net
Intangible Assets, Net (Details)
Intangible Assets, Net (Tables)
Intangible Assets, Net - Additional Information (Details)
Leasehold Interests In Land, Net
Leasehold Interests In Land, Net (Details)
Leasehold Interests In Land, Net (Tables)
Leasehold Interests In Land, Net - Additional Information (Details)
Long-Term Debt
Long-Term Debt (Tables)
Long-Term Debt - Additional Information (Details)
Long-Term Debt - Cash Flows From Financing Activities Related To Long-Term Debt (Details)
Long-Term Debt - Maturities Of Long-Term Debt And Capital Lease Obligations Outstanding (Details)
Long-Term Debt - Schedule Of Long-Term Debt (Details)
Long-Term Debt - Schedule Of Long-Term Debt - Oid, Dfc And Fair Value Adjustment (Details)
Long-Term Debt Long-Term Debt - Schedule Of Long-Term Debt - Footnotes (Details)
Mall Activities
Mall Activities (Tables)
Mall Activities - Additional Information (Details)
Mall Activities Mall Activities - Future Minimum Rental Payments Under Non-Cancelable Operating Leases (Details)
Organization And Business Of Company
Organization And Business Of Company (Details)
Other Accrued Liabilities
Other Accrued Liabilities (Details)
Other Accrued Liabilities (Tables)
Property And Equipment, Net
Property And Equipment, Net (Details)
Property And Equipment, Net (Tables)
Property And Equipment, Net - Additional Information (Details)
Related Party Transactions
Related Party Transactions - Additional Information (Details)
Revenue
Revenue (Tables)
Revenue - Additional Information (Details)
Revenue - Contract And Contract Related Liabilities (Details)
Revenue - Contract And Contract Related Liabilities - Footnotes (Details)
Revenue - Disaggregation Of Revenue (Details)
Schedule Ii - Valuation And Qualifying Accounts
Schedule Ii - Valuation And Qualifying Accounts (Details)
Schedule Of Segment Reporting Information (Details)
Segment Information
Segment Information (Tables)
Selected Quarterly Financial Results (Unaudited)
Selected Quarterly Financial Results (Unaudited) (Details)
Selected Quarterly Financial Results (Unaudited) (Tables)
Selected Quarterly Financial Results - Footnotes (Unaudited) (Details)
Stock-Based Employee Compensation
Stock-Based Employee Compensation (Tables)
Stock-Based Employee Compensation - Additional Information (Details)
Stock-Based Employee Compensation - Black-Scholes Option-Pricing Model Weighted Average Assumptions (Details)
Stock-Based Employee Compensation - Stock-Based Compensation Activity (Details)
Stock-Based Employee Compensation - Summary Of Stock Option Activity (Details)
Stock-Based Employee Compensation - Summary Of Unvested Restricted Stock And Stock Units (Details)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Policies)
Summary Of Significant Accounting Policies (Tables)
Summary Of Significant Accounting Policies - Additional Information (Details)
Summary Of Significant Accounting Policies - Estimated Useful Lives Of Assets (Details)
Summary Of Significant Accounting Policies - Weighted Average Number Of Common And Common Equivalent Shares Used In Calculation Of Basic And Diluted Earnings Per Share (Details)
Ticker: LVS
CIK: 1300514
Form Type: 10-K Annual Report
Accession Number: 0001300514-19-000021
Submitted to the SEC: Fri Feb 22 2019 4:04:56 PM EST
Accepted by the SEC: Fri Feb 22 2019
Period: Monday, December 31, 2018
Industry: Hotels And Motels

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