Shares of Las Vegas Sands (LVS) are soaring 7.39% in pre-market trading on Thursday, following the release of the company's impressive second-quarter earnings report for 2025. The casino and resort operator significantly outperformed analyst expectations, demonstrating robust growth in its key markets of Singapore and Macau.

Las Vegas Sands reported adjusted earnings per share of $0.79, handily beating the consensus estimate of $0.53. Revenue for the quarter reached $3.18 billion, surpassing analysts' projections of $2.84 billion. The company's strong performance was primarily driven by exceptional results in its Singapore operations, where Marina Bay Sands achieved a record-breaking adjusted property EBITDA of $768 million. Macau operations also showed improvement, with adjusted property EBITDA reaching $566 million.

Robert G. Goldstein, chairman and CEO of Las Vegas Sands, expressed enthusiasm about the company's future prospects, stating, "We remain enthusiastic about our opportunities to deliver industry-leading growth in both Macau and Singapore as we realize the benefits from our recently completed capital investment programs in both markets." This positive outlook, combined with the strong financial results, has boosted investor confidence and led to the significant stock price surge. Following the earnings release, several analysts have raised their price targets for Las Vegas Sands, including Deutsche Bank (to $61 from $59), JP Morgan (to $56 from $47), and Barclays (to $58 from $57), further supporting the stock's upward momentum.