Boyd Gaming Corp reports results for the quarter ended March 31 - Earnings Summary

• Boyd Gaming Corp BYD.N reported quarterly adjusted earnings of $1.62​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.51. The mean expectation of twelve analysts for the quarter was for earnings of $1.52 per share. Wall Street expected results to range from $1.41 to $1.63 per share.

• Revenue rose 3.2% to $991.57 million from a year ago; analysts expected $975.11 million.

• Boyd Gaming Corp's reported EPS for the quarter was $1.31​.

• The company reported quarterly net income of $111.42 million.

• Boyd Gaming Corp shares had risen by 0.9% this quarter and lost 8.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.9% in the last three months.​

• In the last 30 days, seven analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the casinos & gaming peer group is also "buy"

• Wall Street's median 12-month price target for Boyd Gaming Corp is $82.00

This summary was machine generated from LSEG data April 24 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)