LVS Posts Q2 2026 Revenue, Expands Buyback
Las Vegas Sands posted Q2 2026 revenue of about $3.154 billion, net income of $346 million, and EPS of $0.53, while expanding its buyback to $6 billion through 2029 as it continues heavy reinvestment in Macao and other properties; this suggests a stronger focus on capital returns even as investment costs affect near-term margins. A wave of institutional buyers—Renaissance Technologies, Cumberland Partners, AQR, Norges Bank, Arrowstreet, M&T Bank, Bank of New York Mellon, and others—have boosted LVS holdings, and the stock appears undervalued on a P/E basis versus industry peers, with upside potential tied to property openings like The Londoner and margin recovery amid renovation costs and market conditions.
Business · 5 sources · Jul 26, 2026Read itThe journal
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About Renaissance Technologies
Renaissance Technologies LLC is an American hedge fund based in East Setauket, New York, on Long Island, that specializes in systematic trading using quantitative models derived from mathematical and statistical analysis. Renaissance originated as Monemetrics, founded in 1978 by mathematician and former Cold War codebreaker Jim Simons, and adopted its current name in 1982.
Everything about Renaissance Technologies →- Country
- United States
- Headquarters
- Setauket-East Setauket
- Inception
- 1982
- Website
- http://www.rentec.com