Will LVS beat earnings significantly today?

Las Vegas Sands (LVS) is not expected to beat earnings significantly today. Here's why:

1. Earnings Release Date: The earnings report for Q3 2024 has already been disclosed on October 23, 2024, which is after the market close. This indicates that the earnings release is not imminent and has already been accounted for in the market's expectations.

2. Estimate EPS and Estimate Revenue: The estimated EPS for Q3 2024 is $0.59, which is a 1.8% increase year-over-year. The estimated revenue for the same period is $2.89 billion. These estimates suggest that while there may be some growth, it is not expected to be significantly above market expectations.

3. Recent Performance and Analysts' Expectations: LVS has recently outperformed the S&P 500 with a 7.1% increase in its shares since the last earnings report. However, the mean earnings estimate of analysts had fallen by about 5.3% in the last three months, indicating a more cautious outlook from analysts.
4. Market Sentiment and Price Targets: The current average analyst rating on LVS shares is "buy" with a 12-month price target of $54.83, which is a 4.92% decrease from the previous average price target. This suggests that while there is optimism, it is not accompanied by a strong expectation of a significant earnings beat.
5. Industry and Company-Specific Factors: The company has been benefiting from the recovery in travel and tourism spending, especially in Macao and Singapore. However, these improvements are not expected to lead to a substantial earnings surprise based on the estimates and the recent market sentiment.

In conclusion, while LVS has had some positive performance and recovery, the expected earnings figures do not indicate a significant beat compared to analysts' expectations. The market seems to have already priced in the earnings report, and the recent sentiment among analysts is more cautious than overly optimistic, suggesting that LVS will likely meet rather than exceed earnings expectations.