Financial Data and Key Metrics Changes - In 2024, the company generated over $3.9 billion in revenues, setting a full-year record, and achieved EBITDAR of nearly $1.4 billion with property-level operating margins exceeding 40% [6][22] - The fourth quarter revenues surpassed $1 billion for the first time, with EBITDAR increasing to nearly $380 million [7][22] - The online segment generated $108 million in EBITDAR for the full year, including $32 million in non-recurring market access fees [27] Business Line Data and Key Metrics Changes - The Las Vegas Local segment delivered strong year-over-year performance, with operating margins exceeding 50% [9] - The Downtown Las Vegas segment showed consistent customer trends with growth in play from core customers and stable retail customer play [10] - The online segment contributed significantly to company-wide growth, with expectations to generate approximately $80 million to $85 million in 2025 [27][14] Market Data and Key Metrics Changes - Southern Nevada's economy remains strong, with employment growth for 45 consecutive months and average weekly wages increasing nearly 6% [11] - Total visitation to Las Vegas grew more than 2% over the prior year, reaching nearly 42 million visitors in 2024 [11] - Airport traffic exceeded 58 million passengers last year, with airline capacity expected to increase by another 3% [11] Company Strategy and Development Direction - The company is focused on strategic growth investments, including ongoing renovations and expansions at various properties [16][20] - A significant $750 million resort development project in Norfolk, Virginia, is set to begin shortly, diversifying the company's portfolio [20][21] - The company plans to maintain a balanced approach to capital allocation, returning capital to shareholders while investing in growth opportunities [22][31] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term strength of the Southern Nevada economy as they enter 2025 [12] - The company expects stability to return to the Orleans and Gold Coast properties in the second half of 2025 [32] - Management noted that while there are expense pressures, they are moderating, and they can manage margins effectively [42][44] Other Important Information - The company repurchased $686 million in stock in 2024, with a commitment to continue repurchasing $100 million per quarter in 2025 [21][31] - The company celebrated its 50th anniversary in 2024, reflecting on its growth from a single property to one of the largest gaming companies in the U.S. [23][24] Q&A Session Summary Question: Insights on core vs. retail customers for 2025 - Management expects core customers to continue growing, while retail customers outside Las Vegas have been stable, with potential for positive growth in the future [35][36] Question: Flow-through and margin expectations for 2025 - Management anticipates expense pressures to moderate and expects to manage margins effectively, with property-level margins consistently above 40% [41][44] Question: Impact of legislative changes on business - Management indicated that any reduction in taxes on tips or overtime pay could support business growth, but specific financial impacts are uncertain [92] Question: Capital allocation strategy regarding M&A - The company prefers to purchase HoldCo over OpCo but remains flexible with leverage for the right acquisition, maintaining a disciplined approach to M&A [78][80] Question: Performance of the Treasure Chest property - The company reported that Q4 performance from Treasure Chest was better than Q3, indicating strong ongoing performance [106]

Exhibit 99.1 Total Adjusted EBITDAR(1) was $379.3 million in the fourth quarter of 2024, up from $355.5 million in the fourth quarter of 2023. Adjusted Earnings(1) for the fourth quarter of 2024 were $174.7 million, or $1.96 per share, compared to $163.8 million, or $1.66 per share, for the same period in 2023. For the full year 2024, Boyd Gaming reported revenues of $3.9 billion, up from $3.7 billion for the full year 2023. The Company reported net income of $578.0 million, or $6.19 per share, compared to ...

Analysts on Wall Street project that Boyd Gaming (BYD) will announce quarterly earnings of $1.75 per share in its forthcoming report, representing an increase of 5.4% year over year. Revenues are projected to reach $999.11 million, increasing 4.7% from the same quarter last year.The consensus EPS estimate for the quarter has been revised 2.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this t ...

Boyd Gaming (BYD) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February ...

Earnings Performance - Boyd Gaming (BYD) has a strong history of beating earnings estimates, with an average surprise of 7.64% over the past two quarters [1] - In the last reported quarter, Boyd Gaming posted earnings of $1.52 per share, surpassing the Zacks Consensus Estimate of $1.41 per share, resulting in a 7.80% surprise [2] - In the previous quarter, the company delivered earnings of $1.58 per share, exceeding the expected $1.47 per share, with a 7.48% surprise [2] Earnings ESP and Zacks Rank - Boyd Gaming currently has a positive Earnings ESP of +0.18%, indicating analysts' bullish outlook on its near-term earnings potential [6] - The combination of a positive Earnings ESP and a Zacks Rank 3 (Hold) suggests a high likelihood of another earnings beat [6] - Stocks with a positive Earnings ESP and a Zacks Rank 3 or better have a nearly 70% chance of producing a positive earnings surprise [4] Earnings ESP Methodology - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions before an earnings release [5] - A negative Earnings ESP reduces the predictive power of the metric but does not necessarily indicate an earnings miss [7] - Investors should check a company's Earnings ESP before its quarterly release to increase the odds of success [8]

LAS VEGAS, Jan. 6, 2025 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) announced that the conference call to review the Company's fourth-quarter and full-year 2024 results will take place on Thursday, February 6, 2025, 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. ...

Company Declares Quarterly Dividend of $0.17 Per ShareLAS VEGAS, Dec. 5, 2024 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) today announced that its Board of Directors has authorized an additional $500 million under the Company's share repurchase program.Considering the additional authorization, the Company had approximately $843 million remaining in repurchase authority as of September 30, 2024.Additionally, the Board of Directors has declared a quarterly cash dividend of $0.17 per share, payable Jan ...

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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Sty ...