Las Vegas Sands Corp reported its fourth-quarter 2024 earnings, revealing a net revenue of $2.90 billion, exceeding expectations of $2.87 billion. The company also posted a net income of $392 million. However, its operating profit was $590 million, falling short of the anticipated $660 million. The consolidated adjusted property EBITDA was $1.11 billion, while Macao adjusted property EBITDA reached $571 million. The low hold on rolling play in Macao negatively impacted adjusted property EBITDA by $22 million. Analysts noted that renovations at the Londoner Grand and Marina Bay Sands are set to be completed by May 2025, which is expected to lead to meaningful margins and EBITDA growth. The company's shares rose by 7.5% in pre-market trading following the earnings report, indicating a positive market reaction.