Las Vegas Sands up after first-quarter profit beats estimates

Las Vegas Sands LVS.N shares up 3% at $36 in early trade as Q1 profit beats expectations after strong demand in its Singapore business offset stalling market growth in Macao

Co posts Q1 adj profit of 59 cents per share, compared with analysts' estimates of 57 cents per share, according to data compiled by LSEG

However, total revenue was $2.86 billion, below estimates of $2.89 billion

14 of 19 brokerages rate the stock "buy" or higher, 5 "hold"; their median PT is $53- LSEG

As of last close, stock had fallen 33%, compared with a 21.7% decline in the S&P 500 Casinos & Gaming index .SPLRCCCGL