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                                    What caused LVS Q3 earnings to miss forecasts?
                                </h1> <div class="user_slot" data-v-0eba195e=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/default_aime_user.ec532c9.png" alt="user" class="avatar" data-v-0eba195e=""> <span class="user_desction" data-v-0eba195e="">
                                        
                                        4/5/2025 05:16pm
                                    </span></div></div></div> <div class="seo-text-answer" data-v-0eba195e="">The Q3 earnings of Las Vegas Sands (LVS) did not meet forecasts due to several factors:

1. **Macau Business Recovery**: Although the overall Macau market has shown recovery, the pace of recovery has been slower than expected. This has affected LVS's performance, as the company's five casinos in Macau account for a significant portion of its revenue.
2. **Currency Headaches**: The company has also faced headwinds from currency fluctuations, particularly from the Chinese yuan, which has impacted the revenue of LVS's China Holdings Limited (CHL) subsidiary. This, combined with the ongoing effects of the COVID-19 pandemic, has contributed to the challenges faced by LVS in meeting earnings forecasts.

In summary, the miss in LVS's Q3 earnings can be attributed to slower-than-expected recovery in Macau and currency headwinds.</div> <div class="dialog_answer" data-v-0eba195e=""><div class="dialog_content" data-v-0eba195e=""><div class="answer_content" data-v-0eba195e=""></div></div></div></div></div> </div></div></div> </div> <div class="extra-module" data-v-261d488f=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/recommend-logo.4f9ccc8.png" alt="right-logo" fetchpriority="high" class="recommend-logo-img" data-v-261d488f=""> <div class="recommend-part" data-v-7790c618="" data-v-261d488f=""><div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/screener-recommend-icon.b007ca8.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime finds your next big stock</span></div> </div> <div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/stock-recommend-icon.77f1c78.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime powers your decisions</span></div> </div></div> </div> <div class="container-mask" style="display:none;"></div></div></div></div><script>window.__NUXT__=(function(a,b,c,d,e,f,g,h,i,j,k,l,m,n,o,p,q,r,s,t,u,v,w,x,y,z,A,B,C,D,E,F,G,H,I,J,K,L,M,N,O,P,Q,R,S,T,U,V,W,X,Y,Z,_,$,aa,ab,ac,ad,ae,af,ag,ah,ai,aj,ak,al,am,an,ao,ap,aq,ar,as,at,au,av,aw,ax,ay,az,aA){return {layout:"default",data:[{noData:c,currentQuestion:e,textDescription:I,comeFrom:"AInvestShareLink",events:[],answerSource:l}],fetch:{},error:m,state:{sharePreviewModule:{loadJgySuccess:n,dialogRenderList:[{originAnswer:{input_media_info:[],session_round:1,agent_id:a,output_media_info:[],task_id:a,language:a,source:l,cache_builder:a,reply_action:"Answer",execute_mode:B,event_refresh_answer:a,param:"{\"entity_info\":{},\"add_info\":{\"ori_question\":\"What caused LVS Q3 earnings to miss forecasts?\"},\"event_list\":[],\"client_ip\":\"\",\"question\":\"What caused LVS Q3 earnings to miss forecasts?\",\"user_id\":\"dp97962903\",\"user_name\":\"\",\"trace_id\":\"1953ca94-e507-418d-bd69-1410e4a74aeb\",\"session_id\":\"1953ca94-e507-418d-bd69-1410e4a74aeb\",\"source\":\"ths_ainvest_lite_web\",\"input_type\":\"typewrite\"}",agent_info:[{info_type:J,raw_data:{number:K,title:L,summary:M,full_summary:"LewisTsePuiLung\u002FiStock Editorial via Getty Images Las Vegas Sands Corp. 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caused LVS Q3 earnings to miss forecasts?","progress\u002Fsearching_for",1000,"searching_for","1953ca94-e507-418d-bd69-1410e4a74aeb","rich_text","llm_generated","ths_ainvest_lite_web",null,0,"82eead7309032c53","thinking","The user wants to analyze why LVS's Q3 earnings fell short of expectations. I should focus on LVS's Q3 earnings, earnings surprise, latest earnings report, analyst opinions, and factors contributing to the earnings miss. I will use FinQuery to obtain such information; use Search for factors contributing to the earnings miss.",2001,"📊 What is the current market sentiment towards LVS's stock?","〽️ What were the key factors that affected LVS's Q3 earnings performance?","📢 Are there any significant changes in LVS's business operations or strategies recently?","STR","oeqxkhszf","oeqxkhszf_layer","base","dp97962903","auto","agent","3bf98d060d3aa648","explain news events","Searching Web","signal","39196","\u002F\u002Fcdn.ainvest.com\u002FfrontResources\u002Fs\u002Ffoiegras\u002FrecommendList\u002F1.12.0\u002FrecommendList@1.12.0index.js","The Q3 earnings of Las Vegas Sands (LVS) did not meet forecasts due to several factors:\n\n1. **Macau Business Recovery**: Although the overall Macau market has shown recovery, the pace of recovery has been slower than expected. This has affected LVS's performance, as the company's five casinos in Macau account for a significant portion of its revenue.\n2. **Currency Headaches**: The company has also faced headwinds from currency fluctuations, particularly from the Chinese yuan, which has impacted the revenue of LVS's China Holdings Limited (CHL) subsidiary. This, combined with the ongoing effects of the COVID-19 pandemic, has contributed to the challenges faced by LVS in meeting earnings forecasts.\n\nIn summary, the miss in LVS's Q3 earnings can be attributed to slower-than-expected recovery in Macau and currency headwinds.","search",11,"Las Vegas Sands: Chinese Stimulus And Rising Tourism Improve Short-Term Outlook","LewisTsePuiLung\u002FiStock Editorial via Getty Images Las Vegas Sands Corp. (NYSE:LVS) operates multiple notable casinos and resorts in Macau in China, including The Venetian, The Londoner, The Parisian, Four Seasons Hotel Macao, and Sands Macao among others. The company also operates the Marina Bay San...","https:\u002F\u002Fseekingalpha.com\u002Farticle\u002F4723978-las-vegas-sands-chinese-stimulus-rising-tourism-improve-short-term-outlook","2024-09-28",7,"BNP PARIBAS ASSET MANAGEMENT Holding S.A. Has $2.18 Million Position in Las Vegas Sands Corp. (NYSE:LVS)","The casino operator reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.13. Las Vegas Sands had a net margin of 13.99% and a return on equity of 42.34%. The company had revenue of $2.86 billion during the quarter, compared to analysts’ expect...","https:\u002F\u002Fwww.americanbankingnews.com\u002F2024\u002F07\u002F20\u002Fbnp-paribas-asset-management-holding-s-a-has-2-18-million-position-in-las-vegas-sands-corp-nyselvs.html","2024-07-20","3bf98d060d3aa648_1","agent_common_v2\nagent-summary","normal_agent","NONE","typewrite",1743844575476,"stock","169","Querying Stock",999,"The Q3 earnings of Las Vegas Sands (LVS) did not meet forecasts due to several factors:\n\n1","Las Vegas Sands",19,". **Macau Business Recovery**: Although the overall Macau market has shown recovery, the pace of recovery has been slower than expected. This has affected LVS's performance, as the company's five casinos in Macau account for a significant portion of its revenue[^11]",2000,"normal",".\n2. **Currency Headaches**: The company has also faced headwinds from currency fluctuations, particularly from the Chinese yuan, which has impacted the revenue of LVS's China Holdings Limited (CHL) subsidiary. This, combined with the ongoing effects of the COVID-19 pandemic, has contributed to the challenges faced by LVS in meeting earnings forecasts[^7]",".\n\nIn summary, the miss in LVS's Q3 earnings can be attributed to slower-than-expected recovery in Macau and currency headwinds.","2+706_496_21_554+0+0+1953ca94-e507-418d-bd69-1410e4a74aeb+99e76258994a3ef5e70289ddc62ba1e1+llm_generated+aimeTagAnalysis+0+0.038922227919101715+1","2+706_496_21_554+0+0+1953ca94-e507-418d-bd69-1410e4a74aeb+2fc78397c4ee76c558c781dc3563b623+llm_generated+aimeTagAnalysis+0+0.03423266485333443+2","2+706_496_21_554+0+0+1953ca94-e507-418d-bd69-1410e4a74aeb+4d564524b06f4e9093d3a8ad587cae9a+llm_generated+aimeTagAnalysis+0+0.025522379204630852+3",3,"recommend_query_list","ztxxx06c0a024223920bbbeb1e0926","send_text","item_type","rec_info","display_text","rec_reason","root","relative","iwencai\u002FrecommendList0326","aigc",Array(0),"\u002F"));</script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/b929a16.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/28ccbec.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/d9802b5.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/2077034.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/1e0f8d6.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/7a5f495.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/921844b.js" defer=""></script>