Boyd Gaming Corporation (BYD) is scheduled to report first-quarter 2024 results on Apr 25. In the last reported quarter, the company delivered an earnings surprise of 16.1%.How Are Estimates Placed?The Zacks Consensus Estimate for first-quarter earnings per share (EPS) is pegged at $1.57, indicating a fall of 8.2% from $1.71 reported in the year-ago quarter.For revenues, the consensus mark is at nearly $0.9 billion. The metric suggests a decline of 1.7% from the year-ago quarter’s figure. Let's take a look ...

Core Viewpoint - Boyd Gaming Corporation (BYD) is experiencing growth driven by strong visitation, new property openings, and refurbishments, alongside solid contributions from its Online segment, although high costs remain a concern [1][4]. Growth Drivers - The local market in Las Vegas is a significant growth driver for BYD, with a reported 5% increase in Nevada tourism and a 20% growth in the convention business in 2023 [2] - Average daily room rates in Southern Nevada improved by over 12% in 2023, supported by upcoming events like the Super Bowl and a busy convention calendar [2] - Boyd Gaming is expanding its portfolio through capital investments and acquisitions, with ongoing expansion plans for the Wilton Rancheria Tribe property and interest in further expansions at Gold Coast, Blue Chip, Ameristar St. Charles, and Valley Forge in 2024 [3] Online Segment Performance - The Online segment reported an adjusted EBITDAR of $62.3 million in 2023, reflecting a 56.5% year-over-year growth, with expectations for 2024 EBITDAR in the range of $60-$65 million [4] - The introduction of sports betting in Ohio and the relaunch of Starts branded online casinos in Pennsylvania and New Jersey are expected to contribute positively to the Online segment [4] Concerns - Boyd Gaming faces challenges from rising costs, including wages, utilities, and property insurance, with total operating costs increasing to $2.84 billion in 2023 from $2.58 billion the previous year [6] - Specific expense increases include food and beverage (4.1%), room (7.5%), online (67.8%), and selling, general and administrative expenses (4.3%) [6] - The company plans to monitor economic conditions to assess the impacts of interest rate hikes and inflation, indicating that cost pressures may persist into 2024 [6]

4kodiak/iStock Unreleased via Getty Images This monthly article series shows a dashboard with aggregate subsector metrics in Consumer Discretionary. It is also a top-down analysis of sector ETFs like Consumer Discretionary Select Sector SPDR ETF (XLY) and Vanguard Consumer Discretionary Index Fund ETF Shares (NYSEARCA:VCR), whose largest holdings are used to calculate these metrics. Shortcut The next two paragraphs in italic describe the dashboard methodology. They are necessary for new readers to understan ...

LAS VEGAS--(BUSINESS WIRE)--Boyd Gaming Corporation (NYSE: BYD) announced that its Board of Directors has increased the Company’s quarterly dividend to $0.17 per share, up from the prior quarterly dividend of $0.16 per share. The dividend is payable April 15, 2024, to shareholders of record at the close of business on March 15, 2024. About Boyd Gaming Founded in 1975, Boyd Gaming Corporation (NYSE: BYD) is a leading geographically diversified operator of 28 gaming entertainment properties in 10 states, ma ...

D. Lentz Above: The Vegas downtown market BYD properties are doing well but have been disrupted by construction. That is mostly past now. The massive proliferation of data and constant hash and rehash of metrics and analysis that accompany the coverage of securities today compels savvy investors to extend their need for more diverse sources to support decisions. Add to that the oncoming rush of AI applications to further speed and refine stock data and you have the danger of TMI blurring it all to confusion ...

Table of Contents ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR (702) 792-7200 Commission file number: 1-12882 BOYD GAMING CORPORATION (Exact name of registrant as specified in its charter) (Registrant's telephone number, including area cod ...

Boyd Gaming Corporation (BYD) reported fourth-quarter 2023 results, with earnings and revenues beating the Zacks Consensus Estimate. The top line increased year over year, while the bottom line declined from the prior-year quarter’s figure.Following the announcement, shares of the company moved up 5.1% during the after-hours trading session on Feb 8.Earnings and RevenuesIn the quarter under review, adjusted earnings per share (EPS) were $1.66, outpacing the Zacks Consensus Estimate of $1.43 by 16.1%. In the ...

Boyd Gaming Corporation (NYSE:BYD) Q4 2023 Earnings Conference Call February 8, 2024 5:00 PM ET Company Participants David Strow - Vice President, Corporate Communications Keith Smith - President and Chief Executive Officer Josh Hirsberg - Executive Vice President and Chief Financial Officer Conference Call Participants Steve Wieczynski - Stifel Carlo Santarelli - Deutsche Bank Joe Greff - JPMorgan Barry Jonas - Truist Dan Politzer - Wells Fargo Jordan Bender - JMP Shaun Kelley - Bank of America David Katz ...

For the quarter ended December 2023, Boyd Gaming (BYD) reported revenue of $954.41 million, up 3.4% over the same period last year. EPS came in at $1.66, compared to $1.72 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $922.92 million, representing a surprise of +3.41%. The company delivered an EPS surprise of +16.08%, with the consensus EPS estimate being $1.43.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

分组1 - Boyd Gaming reported quarterly earnings of $1.66 per share, exceeding the Zacks Consensus Estimate of $1.43 per share, but down from $1.72 per share a year ago, representing an earnings surprise of 16.08% [1] - The company posted revenues of $954.41 million for the quarter ended December 2023, surpassing the Zacks Consensus Estimate by 3.41% and up from $922.92 million year-over-year [1] - Boyd has surpassed consensus EPS estimates three times and revenue estimates four times over the last four quarters [1] 分组2 - Boyd shares have increased by approximately 2.2% since the beginning of the year, compared to the S&P 500's gain of 4.7% [2] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [2] 分组3 - The current consensus EPS estimate for the upcoming quarter is $1.58 on revenues of $937.41 million, and for the current fiscal year, it is $6.10 on revenues of $3.71 billion [4] - The Gaming industry is currently ranked in the top 46% of over 250 Zacks industries, indicating that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [4]