Boyd Gaming (BYD)
Search documents
Boyd Gaming (BYD) - 2024 Q3 - Earnings Call Transcript
2024-10-24 23:51
Boyd Gaming Corporation (NYSE:BYD) Q3 2024 Earnings Conference Call October 24, 2024 5:00 PM ET Company Participants David Strow - VP, Corporate Communications Keith Smith - President & CEO Josh Hirsberg - EVP & CFO Conference Call Participants Shaun Kelley - Bank of America Carlo Santarelli - Deutsche Bank Joe Greff - JPMorgan Patrick Keough - Truist Steve Wieczynski - Stifel David Katz - Jefferies Stephen Grambling - Morgan Stanley Jordan Bender - JMP Securities Ben Chaiken - Mizuho Brandt Montour - Barcl ...
Boyd (BYD) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-24 23:35
For the quarter ended September 2024, Boyd Gaming (BYD) reported revenue of $961.25 million, up 6.4% over the same period last year. EPS came in at $1.52, compared to $1.36 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $920.33 million, representing a surprise of +4.45%. The company delivered an EPS surprise of +7.80%, with the consensus EPS estimate being $1.41.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...
Boyd Gaming (BYD) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-10-24 22:25
Boyd Gaming (BYD) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $1.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.80%. A quarter ago, it was expected that this casino operator would post earnings of $1.47 per share when it actually produced earnings of $1.58, delivering a surprise of 7.48%.Over the last four quarters, the company ...
Boyd Gaming (BYD) - 2024 Q3 - Quarterly Results
2024-10-24 20:06
Exhibit 99.1 BOYD GAMING REPORTS THIRD-QUARTER 2024 RESULTS LAS VEGAS - OCTOBER 24, 2024 - Boyd Gaming Corporation (NYSE: BYD) today reported financial results for the third quarter ended September 30, 2024. Keith Smith, President and Chief Executive Officer of Boyd Gaming, said: "Our Company continued to produce solid results in the third quarter, as underlying customer trends remained stable. During the quarter, we realized the benefits of our recent investments in our Downtown Las Vegas and Midwest & Sou ...
Casino And Sports Betting Stocks Are Due For Positive Sentiment Due To Macro Growth
Seeking Alpha· 2024-10-23 17:27
Group 1 - The House Edge is recognized as a unique marketplace service in the casino, gaming, and online sports betting sectors, providing superior returns compared to standard analyst guidance [1] - The current market trend is dominated by the AI sector, particularly highlighted by Nvidia's significant market performance [1] - Howard Jay Klein, with 30 years of experience in major casino operations, leads The House Edge and focuses on value investing informed by management quality [1] Group 2 - The extensive intelligence network of The House Edge spans various levels within the US gambling and entertainment sectors, enhancing the quality of its research [1]
Unveiling Boyd (BYD) Q3 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-10-22 14:21
Analysts on Wall Street project that Boyd Gaming (BYD) will announce quarterly earnings of $1.41 per share in its forthcoming report, representing an increase of 3.7% year over year. Revenues are projected to reach $918.69 million, increasing 1.7% from the same quarter last year.The consensus EPS estimate for the quarter has undergone a downward revision of 0.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimat ...
Are Investors Undervaluing Boyd Gaming (BYD) Right Now?
ZACKS· 2024-10-18 14:45
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a ...
Boyd Gaming (BYD) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-10-17 15:06
Core Viewpoint - Boyd Gaming (BYD) is expected to report a year-over-year increase in earnings and revenues for the quarter ended September 2024, with the stock price likely influenced by how actual results compare to consensus estimates [1] Group 1: Earnings Expectations - The consensus estimate for Boyd's quarterly earnings is $1.41 per share, reflecting a year-over-year change of +3.7% [2] - Revenues are anticipated to be $918.65 million, which is an increase of 1.7% from the same quarter last year [2] Group 2: Estimate Revisions - The consensus EPS estimate has been revised 0.43% lower over the last 30 days, indicating a reassessment by analysts [3] - The Most Accurate Estimate for Boyd is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +2.53% [6][7] Group 3: Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [5] - Boyd currently holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [7] Group 4: Historical Performance - In the last reported quarter, Boyd exceeded the expected earnings of $1.47 per share by delivering $1.58, resulting in a surprise of +7.48% [8] - Over the past four quarters, Boyd has beaten consensus EPS estimates two times [8] Group 5: Industry Context - Las Vegas Sands (LVS), another player in the gaming industry, is expected to post earnings of $0.56 per share for the same quarter, indicating a year-over-year change of +1.8% [10] - LVS's revenues are projected to be $2.79 billion, down 0.2% from the previous year, with a positive Earnings ESP of 2.50% [10]
BOYD GAMING TO REPORT THIRD-QUARTER 2024 RESULTS, HOST CONFERENCE CALL AND WEBCAST ON OCTOBER 24
Prnewswire· 2024-10-01 20:05
LAS VEGAS, Oct. 1, 2024 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) announced that the conference call to review the Company's third-quarter 2024 results will take place on Thursday, October 24, 2024, at 5:00 p.m. Eastern. The conference call number is (800) 836-8184. No passcode is required to join the call. Please call up to 15 minutes in advance to ensure you are connected prior to the start of the call. The Company will report its results on the same day shortly after 4:00 p.m. Eastern. The co ...
BOYD GAMING ANNOUNCES QUARTERLY DIVIDEND
Prnewswire· 2024-08-20 20:05
LAS VEGAS, Aug. 20, 2024 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) announced that its Board of Directors has declared a quarterly cash dividend of $0.17 per share, payable October 15, 2024, to shareholders of record at the close of business on September 15, 2024.About Boyd GamingFounded in 1975, Boyd Gaming Corporation (NYSE: BYD) is a leading geographically diversified operator of 28 gaming entertainment properties in 10 states, manager of a tribal casino in northern California, and owner and ope ...