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Thursday, February 3, 2011

Back to Back? (NYSE: LVS)

NEW YORK - Las Vegas Sands the largest casino operator in the world is set to report its Q4 results after the closing bell today. There are whispers on Wall Street that LVS may go KOBATA again. KOBATA is a seldom used Wall Street word due to its irregularity and it stands for "Knocked it Out of The Ball-Park Above Top Anticipations." It happens when a company reports earnings that greatly exceeds all analyst expectations. Apple is the current KOBATA leader, with 3 of them in the last year.

LVS shares are up over 25% since it reported its Q3 results where it recrded $168 million of profit. The highest analyst expectation for the current quarter is $308 million or 45 cents a share with the average estimate at 39 cents.

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