Valued at a market cap of $37.2 billion, Las Vegas Sands Corp. (LVS) develops, owns, and operates multi-use integrated resorts primarily in the U.S. and Asia. The Las Vegas, Nevada-based company's integrated resorts feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants, and various other amenities. It is expected to announce its fiscal Q4 earnings results on Wednesday, Jan. 22. 

Ahead of this event, analysts expect the resort owner and operator to report a profit of $0.59 per share, up 3.5% from $0.57 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in one of the last four quarters while missing on other three occasions. In Q3, LVS fell short of the consensus EPS estimate by a margin of 20%.

For fiscal 2024, analysts expect LVS to report an EPS of $2.33, up 23.3% from $1.89 in fiscal 2023. Moreover, in fiscal 2025, EPS is expected to grow 16.7% year-over-year to $2.72.

Over the past 52 weeks, shares of LVS have marginally increased, significantly underperforming both the S&P 500 Index's ($SPX) 23.3% rise and the Consumer Discretionary Select Sector SPDR Fund’s (XLY) 25.5.% return over the same period.

Shares of LVS fell 1.4% on Oct. 23 as the company's Q3 results missed expectations, with adjusted EPS of $0.44 and quarterly revenue of $2.7 billion. Key challenges included a lower-than-expected hold in Singapore, where Marina Bay Sands revenue dropped to $919 million, and disruptions from ongoing development at the Londoner in Macao, which saw revenue decline to $460 million. The weaker performance across these major segments overshadowed optimism about long-term growth and recovery in Asian markets, prompting the share price decline.

Nevertheless, LVS’ shares surged 3.2% on Nov. 29 after China eased visa rules for residents of Shenzhen and Zhuhai. This move is expected to drive more tourism and gaming revenue in Macau and thus might have bolstered investor confidence towards LVS’s stock. 

Wall Street analysts are moderately optimistic about Las Vegas Sands’ stock, with a "Moderate Buy" rating overall. Among 15 analysts covering the stock, 10 recommend a "Strong Buy," one suggests a "Moderate Buy," and four indicate “Hold.” The mean price target for LVS is $59.28, which indicates a 14.9% potential upside from the current levels.