LAS VEGAS (AP) _ Las Vegas Sands Corp. (LVS) on Wednesday reported a loss of $278 million in its first quarter.

The Las Vegas-based company said it had a loss of 36 cents per share. Losses, adjusted to account for discontinued operations and non-recurring costs, were 25 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.

The casino operator posted revenue of $1.2 billion in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $1.28 billion.

Las Vegas Sands shares have climbed nearly 2% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $60.76, a rise of 49% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LVS at https://www.zacks.com/ap/LVS

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